CASE STUDY Hewlett Packard Hewlett Packard was founded in 1938 in Palo Alto California. William Hewlett and Dave Packard, governmental machinedinal Stanford University graduates, started the corporation with an investment of $538 and the letting of a one simple machine garage. Hewlett Packard is a technology smart set that provides products, technologies, software, solutions and services to individual consumers, small-and medium-sized business(SMBs) and big enterprises, including customers in the government, health and pedagogy sectors (pg3, HP annual report). Hewlett and Packard started the federation with an investment of $538 and the rental of a one car garage. Their eldest marketable product is an sound oscillator which they are able to enthral ten units to the Walt Disney Company. By 1942, the ac attach to has bad to eight employees and is estimable $522,803 (Hewlett Packard website). In 1947, the participation incorporates and has locomote into its own building. Hp has bragging(a) to 111 employees , which they encourage to be groundbreaking above all. With the invention of the absolute frequency counter in the 1950s, HP travel tos a zoom along in their receipts . The accompany goes public, moves into a larger headquarters, and goes global. By the end of the 50s, HP has 1,778 employees and is worth $28 million.
During the1960s and 1970s, Hewlett Packard continues to see tremendous growth. The company has produced several inventions such as the nuclear clock which revolutionized the truth of time almost the world. Hp as well puts out its beginning(a) calculator, pocket calculator, Nipponese character calculator, and in the flesh(predicate) computer. For the, for the first time, makes the fortune 500 distinguish and overseas revenue soars to subdue that in the United States. By the end of the 70s, the company is estimated to be worth a whopping $2.4 million with slightly 52 thousand employees around the world! By the 1980s, 1990s,and to the prove time, demands for technology has exploded. Hewlett Packard is one of the...If you extremity to get a practiced essay, order it on our website: Ordercustompaper.com
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