The development of information technology, especially personal computers, has significantly affected the structure, format, and tone of letters to shareholders over 25 years.
When General Mills's letter to its stockholders and employees was written in 1977, the personal computer, or word processor and presentation software, had not been invented. General Mills wrote this letter by using a typewrite or printing office, that required a certain format. In General Mills's letter, the two column alignment seems pretty plain, but there is a reason. A typewriter cannot layout the letter
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