0
Byzantine businessmen primarily made profits through trade, leveraging the empire's strategic position along key trade routes between Europe and Asia. They engaged in importing luxury goods, such as silk and spices, and exporting local products like grains and textiles. Additionally, they often utilized banking practices, including loans and currency exchange, to facilitate transactions and increase their wealth. Merchant guilds also played a role in providing support and resources, further enhancing their profitability.
What else can I help you with?
What businessman used Horizontal integration?
John D. Rockefeller is the most notable businessman who used horizontal integration to build his oil empire. Through his company, Standard Oil, he acquired and merged with numerous competing oil refineries to dominate the market and eliminate competition. This strategy enabled him to control prices and maximize profits, ultimately leading to a monopoly in the oil industry during the late 19th and early 20th centuries.
When did John Martin - businessman - die?
John Martin - businessman - died in 1905.
When did Thomas Burke - businessman - die?
Thomas Burke - businessman - died in 1949.
When was Steve Alexander - businessman - born?
Steve Alexander - businessman - was born in 1951.
When was Philippe Camus - businessman - born?
Philippe Camus - businessman - was born in 1948.
How businessman use math?
A businessman uses maths in so many different ways. This is used in calculating profits, recording business transactions, counting days and so many other things.
Why people interested to become a businessman?
to make money.
How did the byzantine people learn to make silk?
he didnt
What was Constantine's goal?
To make the Byzantine Empire bigger.
What contribution did Byzantine writers make to the world?
During the Italian Renaissance, teachers from the Byzantine Empire were sought after because of their knowledge of Classical Greek. Most Byzantine literature deals with religious subjects.
In order to become more efficient and to make greater profits both individuals and nations learn to?
They learn to specialize to become more efficient and make greater profits.
In order to become more efficient and to make greater profits both individuals and nations learn to .?
They learn to specialize to become more efficient and make greater profits.
Who are the people interested in finding new business opportunities and new ways to make profits?
Entrepreneurs, were interested in finding new business oppertunities and new ways to make profits.
Rewrote the Byzantine legal system to make it less complicated?
tribonian
Who rewrote the Byzantine legal system to make it less complicated?
Tribonian
What makes a website creditable?
if they are selling products to make profits
Who are people that take financial risk to make profits?
investors
