ay running of the corporation. These positions include, but are not limited to: the president, vice president, and other chief administrators. (Watson, p211-212)If a corporation reaps a profit, investors may receive a dividend, or a share of the monetary gain made by the company. The elected board of directors choose whether the money will go towards profit, expansion of the company, modernization of the company, or research and development. (Watson, p212)"With about 85% of the microprocessor market, Intel is definitely inside. Its microprocessors -- including the Pentium -- have been providing brains for IBM-compatible PCs 1981."(http://thestandard.net.) Intel started on July 16, 1968 when magnetic core memory was the leading technology at the time. They were trying to make semi-conductor memory practical with silicon memory. Unfortunately for Intel semi-conductor memory cost 100 times more than magnetic core memory, but the silicon had many advantages - smaller size, greater performance, and reduced energy consumption. Then, in late 1968,the Japanese company Busicom asked Intel to produce a series of chips (twelve chips for every unit) for a group of programmable calculators that they were producing. Normally, chips were made specifically for each product. Well, the designers at Intel decided that they would make a general purpose logical chip to replace all of the many different varieties of chips that would go into the different electronics. The logical chip was a major success; the only problem was that Busicom had the rights to the chip. Realizing that this chip could have a major impact on society, the founders Bob Noyce and Gordon Moore praised the new chip, while people in the corporation still wanted to stick with producing memory. Intel bought the rights to the chip from the struggling Japanese company for $60,000, and this "paved the way for Intel's developing vision of ubiquitous (universal) microprocessor-based ...
