Before there were telephones, how did multinational companies in the 17th century gather data to make business decisions?

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Before there were telephones, how did multinational companies in the 17th century gather data to make business decisions?

In: Economics

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Anonymous 0 Comments

There’s a reason fast ships and quicker overland trade routes were highly valued. If you could get info, product, etc. in a month when it took your competitors two months, you had a significant advantage. And there was a good deal of decentralized decision making, so a big company had to develop talent and export it around the world with both a set of instructions and license to think and act for themselves locally within certain (more or less wide) parameters.

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