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What else can I help you with?
What geographical advantage did the HBC have over the NWC?
The HBC had a large portion of land by the Hudson Bay. This made it way easier to transport goods back and forth. The NWC, on the other hand, had all of the land which is now Quebec. They took difficult routes that were more time consuming. It would also take more time for the ships to arrive from Europe. Hope this helps :)
Who was more successful and why HBC or NWC?
HBC mainly in economics , the sea route to the Hudson , was a huge advantage it enabled HBC to benefit from a short business cycle ships could leave England and travel to the Hudson bay pick up furs and return to England in the space of 5 months a complete business cycle - from shipment of goods to return of furs in payment of those goods , normally took 14 months , as for he NWC's cycle was much longer and more expensive and it would take almost a full year later
Why did HBC have an advantage over the NWC geographical wise?
They were given a large portion of land surrounding the Hudson bay. The land was called "Ruperts Land". Since the HBC owned the land they had an monopoly of its buisness. Monopoly-complete control(only people aloud to buy and sell furs there)
Different between liner shipping and tramp shipping market?
Liner Service - is a service that operates within a schedule and has a fixed port rotation with published dates of calls at the advertised ports.. A liner service generally fulfills the schedule unless in cases where a call at one of the ports has been unduly delayed due to natural or man-mad causes..Example : The UK/NWC continent service of MSC which has a fixed weekly schedule calling the South African ports of Durban, Cape Town and Port Elizabeth and carrying cargo to the UK/NWC ports of Felixstowe, Antwerp, Hamburg, Le Havre and Rotterdam..A Tramp Service or tramper on the other hand is a ship that has no fixed routing or itinerary or schedule and is available at short notice (or fixture) to load any cargo from any port to any port..Example : A ship that arrives at Durban from Korea to discharge cargo might carry some other cargo from Durban to the Oakland in the West Coast of USA which in an entirely different direction.. From Oakland say for example it could carry some cargo and go to Bremerhaven..
What did the HBC and the NWC do in the 1821?
Merge
Why did the NWC and the HBC merge?
the hbc had alot of hot women and the nwc thought if they merged witht he hbc thy could maybe have some sexy time
What happened in the battle of seven oaks?
NWC and HBC had a fight or something. I think the Metis were involved aswell? im not sure folks
How did the old hbc retain control over the new hbc after the merger with the nwc?
HBC kept control by controlling the trade routes, which brought a lot of money into the HBC.
When the hbc and the nwc merged why did they keep the hbc's name?
Because HBC was the more powerful one, either way it's now called "The Bay."
What is the similarities between HBC and NWC?
They're both North American trade companies. The HBC (Hudson Bay Company) was established well before the NWC (Northwest Company) but back then, they both chiefly were big on trading furs, etc.
What is the difference between NWC and HBC?
They were both fur-trading companies, but they were competing against each other. The HBC had a very strict standard of trade. There was little room for bargaining, and they didn't trade for alchohol. The NWC on the other hand, has more of a relaxed standard, and they traded Whisky with the Indians.
How did the NWC and the HBC try to win customers from each other?
The North West Company (NWC) and the Hudson's Bay Company (HBC) competed fiercely for customers by employing various strategies. The NWC focused on aggressive pricing, offering lower prices and credit to attract fur traders and Indigenous suppliers. In contrast, the HBC relied on its established trading posts and a strong network of established relationships, emphasizing reliability and quality of goods. Both companies also engaged in extensive marketing efforts, including promotions and special deals, to entice customers away from their rival.
What geographical advantage did the HBC have over the NWC?
The HBC had a large portion of land by the Hudson Bay. This made it way easier to transport goods back and forth. The NWC, on the other hand, had all of the land which is now Quebec. They took difficult routes that were more time consuming. It would also take more time for the ships to arrive from Europe. Hope this helps :)
Who was more successful and why HBC or NWC?
HBC mainly in economics , the sea route to the Hudson , was a huge advantage it enabled HBC to benefit from a short business cycle ships could leave England and travel to the Hudson bay pick up furs and return to England in the space of 5 months a complete business cycle - from shipment of goods to return of furs in payment of those goods , normally took 14 months , as for he NWC's cycle was much longer and more expensive and it would take almost a full year later
Why did HBC have an advantage over the NWC geographical wise?
They were given a large portion of land surrounding the Hudson bay. The land was called "Ruperts Land". Since the HBC owned the land they had an monopoly of its buisness. Monopoly-complete control(only people aloud to buy and sell furs there)
Who owns the NWC?
No one because nwc is gay.
