...Electrical Power Executive Summary Company History and Evolution American Electric Power was formed in 1906 from another company called Electric Company of America. At that time the company was known as The American Gas and Electric Company. AG&E was a collection of small utilities scattered across various states. Many of these utilities were sold and only a few remain part of the company today. The company provided electric, gas, water, steam, transit, or ice services in New Jersey, New York, Pennsylvania, West Virginia, Ohio Indiana, and Illinois. In 1911 AG&E got its start with an interconnected power system in Indiana covering 30 miles stretching between two power plants. In 1917 the first super power plant called the Windsor Plant which ran on steam was built at the mouth of a coal mine, eliminating the need to haul coal long distances. From 1922 to 1926 AG&E had one of the greatest expansion periods in history. Electricity was powering the country and AG&E was expanding into more states. In 1923 AG&E constructed three major power plants in Indiana, Ohio, and Pennsylvania. In 1924 and 1925 the company acquired two smaller companies and merged them into its profile. From 1941 to 1961 AG&E built 36 new generating units in five states significantly increasing their total generating capacity. In 1958 AG&E changed its name to American Electric Power. The company did not provide gas since the 1920’s and the name change was fitting. In 1975 the Donald C. Cook nuclear power plant...
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...Electrical Power Executive Summary Company History and Evolution American Electric Power was formed in 1906 from another company called Electric Company of America. At that time the company was known as The American Gas and Electric Company. AG&E was a collection of small utilities scattered across various states. Many of these utilities were sold and only a few remain part of the company today. The company provided electric, gas, water, steam, transit, or ice services in New Jersey, New York, Pennsylvania, West Virginia, Ohio Indiana, and Illinois. In 1911 AG&E got its start with an interconnected power system in Indiana covering 30 miles stretching between two power plants. In 1917 the first super power plant called the Windsor Plant which ran on steam was built at the mouth of a coal mine, eliminating the need to haul coal long distances. From 1922 to 1926 AG&E had one of the greatest expansion periods in history. Electricity was powering the country and AG&E was expanding into more states. In 1923 AG&E constructed three major power plants in Indiana, Ohio, and Pennsylvania. In 1924 and 1925 the company acquired two smaller companies and merged them into its profile. From 1941 to 1961 AG&E built 36 new generating units in five states significantly increasing their total generating capacity. In 1958 AG&E changed its name to American Electric Power. The company did not provide gas since the 1920’s and the name change was fitting. In 1975 the Donald C. Cook nuclear power plant...
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...AN ALTERNATIVE TO FOREIGN OIL An Issue Paper Presented to Professor Sheila Christensen Professor of Marketing Utah Valley University For Management 2200 By Greg Gossard July 30, 2012 Executive Summary Over the past few decades, in the United States, oil is the primary fuel consumed by most vehicles on our roads and in our air space today. It is estimated that two-thirds of the oil used is due to the transportation sector. This report will examine the pros and cons of the need for alternate solutions to the ever increasing reliance the United States has on foreign oil. There are practical alternatives and solutions that the United States could implement in the short run, and especially in the long run as well. The idea of domestic drilling, along with natural gas, and plug-in hybrids are definitely worthwhile options to look at for an alternate solution to the dilemma of oil consumption. While some may argue that these other sources are not consistent enough or wouldn’t be efficient resources for alternative energy, there is enough evidence supporting claims to the contrary In financing research projects exploring alternative energy, the U.S. would easily be able to use all of those resources of energy to remove our dependence on foreign oil consumption. On average, the U.S. spends about one billion dollars per day on foreign oil. That adds up to be thirty billion on average per month, and over three hundred and sixty billion annually. This is a gross and unnecessary...
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...SELF HEALING INTRODUCTION Smart Grid is sophisticated, digitally enhanced power systems where the use of modern communications and control technologies allows much greater robustness, efficiency and flexibility than today’s power systems. The American Electric Power Research Institute (EPRI), an advocator of building the smart grid, gave this grid a definition with self-healing, security, integration, collaborative, forecast, optimization and interaction. While European commission define it as : A grid which could support distributed and renewable energy access, supply more reliable and secure electricity, have a service-oriented architecture and flexible grid applications, possess an advanced automation and distributed intelligent, be able to local interact the load and the power, adhere to customer centric. Obviously, these definitions has been formulated for the future of power industry mainly focusing on world today’s energy generation, transmission, distribution limitation & changing consumer trends. Recently world has observed a series of blackout, partial power failure and this compelled the world’s nations to go for an ideal grid system that is smart enough to face such kind of challenges. This has resulted the unification of power system with the information technology & modren telecommunition setup. And SELF HEALING become the key component of smart grid, as smart grid should possess an intelligent control funtion, which could rapidly isolate and self...
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...1 General Comments This analysis is directly relevant to the assessment. It demonstrates a wide range and excellent application of the strategy tools to the organisation. A very good analysis that has excellent clarity. Generally coherent and with accompanying logical arguments. Contains some excellent elements of independent thinking. A critical appraisal of up to date literature. The report is well written. Students please note that this assignment was graded in the range 70% and above. Students: Please note there is no need to place the basic strategy models in the appendices e.g. Porter’s (1985) Five Forces, SWOT analysis, etc.. It would be more beneficial to apply the models directly to the organisation and place them in the appendices and discuss the main identified issues in the main text. 2 Corporate Strategy: Emirates Airline By Student How has Emirate airline managed to remain competitive in such a saturated industry? Emirates Airline “An exceptional journey from start to finish” (Emirates, 2010). 3 Introduction: ............................................................................................................................... 4 Background to Emirates Airline: ............................................................................................... 4 Competitive Advantage: ............................................................................................................ 5 Porter’s...
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...Grid Energy Storage U.S. Department of Energy December 2013 Acknowledgements We would like to acknowledge the members of the core team dedicated to developing this report on grid energy storage: Imre Gyuk (OE), Mark Johnson (ARPA-E), John Vetrano (Office of Science), Kevin Lynn (EERE), William Parks (OE), Rachna Handa (OE), Landis Kannberg (PNNL), Sean Hearne & Karen Waldrip (SNL), Ralph Braccio (Booz Allen Hamilton). Table of Contents Acknowledgements ...................................................................................................................................... 1 . Executive Summary ....................................................................................................................................... 4 1.0 Introduction .......................................................................................................................................... 7 2.0 State of Energy Storage in US and Abroad .......................................................................................... 11 3.0 Grid Scale Energy Storage Applications .............................................................................................. 20 4.0 Summary of Key Barriers ..................................................................................................................... 30 5.0 Energy Storage Strategic Goals ...............................................
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...5Frederick E. Webster, Jr. The Changing Role of Marketing in the Corporation New organization forms, including strategic partnerships and networks, are replacing sinnple market-based transactions and traditional bureaucratic hierarchical organizations. The historical marketing management function, based on the microeconomic maximization paradigm, must be critically examined for its relevance to marketing theory and practice in the 1990s. A new conception of marketing will focus on managing strategic partnerships and positioning the firm between vendors and customers in the value chain with the aim of delivering superior value to customers. Customer relationships will be seen as the key strategic resource of the business. .^ ., OR the past two decades, some subtle changes in the concept and practice of marketing have been fundamentally reshaping the field. Many of these changes have been initiated by industry, in the form of new organizational types, without explicit concern for their underlying theoretical explanation or justification. On the academic side, prophetic voices have been speaking (Amdt 1979, 1981, 1983; Thorelli 1986; Van de Ven 1976; Williamson 1975) but seldom heard because, representing several different disciplines, they did not sing as a chorus. More basically, perhaps, few listeners were ready to hear the message or to do the intellectual work necessary to pull the several themes together. Like the Peruvian Indians who thought the sails of Ihe Spanish...
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...THE CHANGING ROLE OF MARKETING IN THE CORPORATION Frederick E. Webster, Jr. For the past two decades, some subtle changes in the concept and practice of marketing have been fundamentally reshaping the field. Many of these changes have been initiated by industry, in the form of new organizational types, without explicit concern for their underlying theoretical explanation or justification. On the academic side, prophetic voices have been speaking (Arndt 1979, 1981, 1983; Thorelli 1986; Van de Ven 1976; Williamson 1975) but seldom heard because, representing several different disciplines, they did not sing as a chorus. More basically, perhaps, few listeners were ready to hear the message or to do the intellectual work necessary to pull the several themes together. Like the Peruvian Indians who thought the sails of the Spanish invaders on the horizon were some phenomenon of the weather and did nothing to prepare themselves for attack (Handy 1990), marketers may ignore some important information in their environment simply because it is not consistent with their past experience. The purpose of this article is to outline both the intellectual and the pragmatic roots of changes that are occurring in marketing, especially marketing management, as a body of knowledge, theory, and practice and to suggest the need for a new paradigm of the marketing function within the firm. First, the origins of the marketing management framework, the generally accepted paradigm of the marketing...
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...organizational purpose and strategies to address with all existing and potential competitors; and then reevaluates each strategy after a definite time period to determine how it has been applied and whether it has thrived or needs replacement by a new strategy to meet changed environments, new rivals or new political, economical social, technological environment. Strategic management is very important and broader area than any specific functional management area. It determines whether an organization excels, survives, or dies. It is very essential because it leads all the functional arenas of the business. It is generally believed that businesses, which develop formal strategic management systems, have a greater possibility of success than those, which do not. (Jauch and Glueck,1988,) Strategic management helps organizations predict future problems and opportunities. It endows with crystal-clear vision, mission, objectives, and strategies that guide organization into the secured future. Strategic management is a stream of decisions and actions. (Jauch and Glueck,1988). It is a procedure by which top-level management decides and does for the success of the company. It helps to determine the best possible strategy so that company could win the game in competitive business environment. Thus, strategic management is a procedure where a strategist finds where company is and where it wants to reach. 2.0 Objective of the study: In this paper, I will discuss the differences...
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...How many of us would happily make do without a fully equipped modern kitchen – even if it sometimes beats like a transplanted artificial heart at the centre of an artisan cottage stripped back to its original organic floorboards and fireplace? Some might take this present-day dependence as testament to the irresistible appeal of American domestic technology, an appeal that guaranteed its spread during the second half of the 20th century. If any find this story plausible, they would do well to study this handsomely produced and well-illustrated edited collection on the attempted transfer of the American ‘modern kitchen’ to Europe during the early Cold War period of the 20th century. At the outset, editors Oldenziel and Zachmann position themselves at the cutting edge of the historiography of technology. Following Langdon Winner’s classic lead (1), they see politics as embodied in the modern kitchen, helping to bolster traditional women’s roles at time of challenge by feminism and other historical forces. Rebutting any presumed unilinear account of the transatlantic diffusion of this particular set of innovations, they define the modern kitchen as a culturally and ideologically laden technological artefact in its own right – one moreover that needs to be set within an array of large technological systems: electrical grids, gas networks, water systems and the integrated food and transport chain. They insist that a ‘host of social actors’ shape all these technological components:...
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...(b) A commercial or sometimes industrial enterprise. This is true in either circumstance but in most cases today the first and not the latter is the standard to what a business is. Business doesn't just end with a simple definition there are many parameters and difficult work to make a idea a working business. This paper will provide a comprehensive analysis into one of the largest financial institutions in the United States JP Morgan Chase and Company. These topics include the following: 1. The History of the firm. 2. The Environment of the Business. 3. The Business operations tactics of the firm. 4. The Human Capital of the firm. 5. The Marketing and Pricing tactics of the firm. 6. The Distribution and Promotional tactics of the firm. 7. The Investor Relations of the firm. Business History Whether, it’s John D. Rockefeller and The Standard Oil Company, Andrew Carnegie and Pittsburgh steel industry, or the railroad tycoon Cornelius Vanderbilt. Most of us in business are truly fascinated by the accomplishments of individuals and the companies they founded that became such great American institutions of finance and industry. So we as spectators and future entrepreneurs always want to know the four W’s when inquiring about the origins of a great businesses such as the aforementioned. Who, What, When, Why? But we also want the most important HOW? How did they become titans of industry that they are. Provided...
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... 12 Balanced scorecard 13 Strategic alternatives; 15 Final recommendations 16 Bibliography 19 Executive Summary During February 12 of this year the wholly owned subsidiaries GE, GESC, and GECC will be merged together. Part of it was the manufacturing actual physical business the other was the subsidiaries and the next was the financial services GE Capital. The merger of GE and affiliates is not reflected in his financial analysis as of February 12, 2012. This is a statistical analysis on GE. GE has different parts of the company, which use different terms. Not to be confused GE, GESC, and GECC are different sectors of general electric. Their consolidated financial statements help to better accurately comply with the different financial and accounting methods to give a precise perspective on the entire company. GE is the most common use term and the one that were most familiar with. GESC is the financial services department that looks like a bank; and, GECC is just a term used for subsidiaries across the world. Stakeholder Analysis GE has experienced significant growth in the stock price from the low teens to the upper 20s. However the historic high is 39.50 and is down roughly 54% from five years ago before the 2008 financial crisis. (Morning Star, 26) The dividend yield is currently $.68 worth...
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...value of electric vehicles Rui Miao*, Fasheng Xu, Kai Zhang and Zhibin Jiang Department of Industrial Engineering and Logistics Management, Shanghai Jiao Tong University, Shanghai, China (Received 22 June 2012; accepted 23 January 2014) Electric vehicles (EVs) are now widely acknowledged as a potential ideal means of transportation in the near future in terms of environmental protection and oil crisis. The possible success of the future market for EVs is based on how much of EVs’ value can be perceived by their potential customers. Thus, research on customer perceived value (CPV) of EVs can help us, and especially EV manufacturers, understand the main factors contributing to CPV and how to design suitable EVs that can yield higher CPV. This paper first constructs a multi-scale model for the measurement of CPV based on surveys conducted at Shanghai, China. Then, the decision-making trial and evaluation laboratory method is applied to evaluate the importance of every scale and depict the internal relations among different scales on the impact-relations map (IRM). Further, a novel version of the house of quality is created to conduct technical feasibility analysis for the improvement of each scale. Finally, market segmentation for EV industry is proposed and discussed based on the analysis of the IRM, which could be a practical strategy for EV manufacturers to design appealing EVs and deliver the proper value at the right cost to the right people. Keywords: electric vehicles;...
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...complete Part 1 of this course. This course is recommended for 2 hours of Continuing Professional Education. In order to receive credit, you will need to pass a multiple-choice exam which you can take over the internet at www.exinfm.com/training/course12-2 Chapter 1 Critical Concepts Before we get into Part 2 of this short course, let’s touch on the fundamentals behind competitive intelligence. From Part 1 of this course, we learned that competitive intelligence relies on a very analytical process to transform data and information into intelligence. We also understand that competitive intelligence is not just about studying the competition, but studying the entire external landscape - customers, suppliers, regulators, and all forces that impact the organization. Therefore, our analysis must be very broad in scope. The primary output from competitive intelligence is the ability to make forward-looking decisions. For example, Jack Welch, former CEO of General Electric determined strategy based on key intelligence questions: What is the detailed global position of your business and that of your competitors: market shares, strengths by product line, and by region today? What actions have your competitors taken in the past two years that have changed the competitive landscape? What are you most afraid your competitors might do in the next two years to change the landscape? “If the defining goal of modern day business can be isolated to just one item, it would be the search...
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...Movement in the United States from the mid- 1950s until his death by assassination in 1968. Awarded the Nobel Prize for Peace in 1964, his leadership was fundamental to that movement's success in ending the legal segregation of African Americans in the southern states, and other parts, of the United States. Inspired by Gandhi's philosophy of non-violence, King promoted non-violent tactics for social change such as the massive March on Washington (1963), although he never witnessed his dream of a United States in which all Americans would have racial and economic justice. King’s vision of racial justice and love, provided hope and opportunity to African Americans beset by daily hardship and injustice and the impetus to initiate far-reaching social and political change. His ability to transform the struggle for racial equality into a vision with understandable, concrete and actionable goals sustained and empowered the civil rights movement. Furthermore his strong convictions and moral courage in challenging the status quo were matched by a value system of rejecting material trappings and conventional symbols of success. As the founder of a movement of non-violent resistance that challenged the status quo and transformed the lives of Americans in the...
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