...Carnegie Steel Company let into a big success with managed to help by his assistant, Henry Clay. As a philanthropist in his later years, Andrew Carnegie wasn't born in wealth because he came from Scotland. He had no access to formal education, in his early life, so he taught himself. He immigrated in the U.S. in 1848 and started a steel company. Steel was needed for railroads, built skyscraper, and cars. Andrew Carnegie was the first to mass produce steel. He practices the vertical integration, a company that involves acquiring companies that supply needed goods. Carnegie owned railroad companies and iron mines because he could produce cheaper steel. This cartoon symbolize Andrew Carnegie on a United States map with a bag of gold that...
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...The purpose of this research paper is to investigate whether Corporate Social Responsibility (CSR) is becoming a common standard in the Caribbean corporate financial community and the associated benefits as it relates to the business strategy and financial performance. Historically, corporations were expected to serve some public purpose as justification for the benefits and privileges they receive. However, since the 1970s, the view has become widespread that corporations exist solely to maximize profits and to increase shareholder’s wealth and for no other purpose Bartlett (2015). In a capitalist society it is rare to hear that one has gone into business for reasons other than to make as much money as possible. Based on this capitalistic...
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...Position Paper for Beyond SCADA: Networked Embedded Control for Cyber Physical Systems workshop SCADA and GIS for drinking water distribution system monitoring and response: critical gaps Shannon L. Isovitsch1 and Jeanne M. VanBriesen2 SCADA is frequently used to manage and control drinking water treatment systems. In this application, SCADA systems perform remote monitoring and operations control along with data management and storage. SCADA systems often serve the joint purposes of operational information and regulatory compliance data management, The most important challenge in the advancement of SCADA systems in the drinking water industry is the need for monitoring and control throughout the distribution system, rather than only at the treatment plant and water sources. This will require integrating existing SCADA systems with numerical distribution system models to enable better model calibration and demand estimation, simulation of past events for analysis, and simulation of emergency situations for response training. We anticipate this integration will highlight the need for spatial as well as temporal data storage and analysis through GIS, and the need for the expansion of SCADA systems to track water quality as well as quantity. SCADA systems at a water utility are currently used to monitor flows and pressures at the treatment plant and associated water sources. Water quality monitoring is often performed by grab sampling to meet regulatory requirements. While grab...
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...Franco Modigliani Paper assignment Franko Modigliani was born in 1918 in Rome. He spent his childhood in Italy and finished Rome University with the degree of Doctor of Laws, in the same year he left Italy because of his Jewish origins and Antifascistic views. Firstly, he moved to France with his wives family and then moved to USA. He was an instructor of economics and statistics At Columbia University and Bard College from 1942 to 1944. In 1944 he also got degree of Doctor of social sciences at New School for Social Research. He defended his thesis for Doctor degree on the topic of “Liquidity Preference and the Theory of Interest and Money”, and was teaching there for a three years. This work was the first publication of Modigliani in English and, in his opinion, it was one of his main achievements. In 1946, he became a naturalized citizen of United states of America. After 1948 he joined University of Illinois, then Carnegie University (1950-1960), and North-Eastern University (1960-1962) afterwards. Since 1962, as a professor of Massachusetts Institute of Technology, he continued he continued his researches in the field of Macroeconomics that he started before, especially Theory of Cash cylces. During these years, he begins study international financial and billing systems, consequences and methods of fighting with inflation, stabilization policy in open economies. Most widely known works of Modigliani was his works in various areas of finance. 1) Personal Finance ...
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...Yeni Rojas Legal, Ethical and Social Values of Business Chapter 4 “Traditional Theories of Property and Profit” January 27, 2015 Abstract This paper examines chapter 4 Traditional Theories of Property and Profit. It starts off with the case study of New Protocol: How Drug’s Rebirth as Treatment for Cancer Fueled Price Rises, and the ethical challenge being faced by Celgne Corp. The company must choose between securing the financial wellbeing of their company or responding to the public’s need. We also examine the ethical positions of Milton Friedman and R. Edward Freeman in their respective essays found in Chapter 4 of the textbook as they are applied to the case study of " New Protocol: How Drug’s Rebirth as Treatment for Cancer Fueled Price Rises." Celgne Corp., in my opinion is a great example of a company that is facing the age-old question of who companies owe their loyalty to? The stakeholders who are investing in our company or the community we sell our products to and for whom the product is essentially developed for. While my belief is that in any business there is the need to make a profit and constantly grow not only the assets but also the stakeholder’s investment, one has to analyze up to what point it is fine to stop benefiting the company’s financial health and maintain the ethical responsibility to the public. It does not seem ethical to price gouge customers simply for the benefit of the stakeholders; especially when the cost to manufacture the...
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...Autobiography of Andrew Carnegie CHAPTER I CHAPTER I CHAPTER II CHAPTER II CHAPTER III CHAPTER III CHAPTER IV CHAPTER IV CHAPTER V CHAPTER V CHAPTER VI CHAPTER VI CHAPTER VII CHAPTER VII CHAPTER VIII CHAPTER VIII CHAPTER IX CHAPTER IX CHAPTER X CHAPTER X CHAPTER XI CHAPTER XI CHAPTER XII CHAPTER XII CHAPTER XIII CHAPTER XIII CHAPTER XIV CHAPTER XIV CHAPTER XV Autobiography of Andrew Carnegie 2 CHAPTER XV CHAPTER XVI CHAPTER XVI CHAPTER XVII CHAPTER XVII CHAPTER XVIII CHAPTER XVIII CHAPTER XIX CHAPTER XIX CHAPTER XX CHAPTER XX CHAPTER XXI CHAPTER XXI CHAPTER XXII CHAPTER XXII CHAPTER XXIII CHAPTER XXIII CHAPTER XXIV CHAPTER XXIV CHAPTER XXV CHAPTER XXV CHAPTER XXVI CHAPTER XXVI CHAPTER XXVII CHAPTER XXVII CHAPTER XXVIII CHAPTER XXVIII CHAPTER XXIX CHAPTER XXIX Autobiography of Andrew Carnegie Project Gutenberg's Autobiography of Andrew Carnegie, by Andrew Carnegie This eBook is for the use of anyone anywhere at no cost and with almost no restrictions whatsoever. You may copy it, give it away or re-use it under the terms of the Project Gutenberg License included with this eBook or online at www.gutenberg.org Title: Autobiography of Andrew Carnegie Author: Andrew Carnegie Editor: John C. Van Dyke Release Date: March 13, 2006 [EBook #17976] Language: English Character set encoding: ISO-8859-1 *** START OF THIS PROJECT GUTENBERG EBOOK AUTOBIOGRAPHY OF ANDREW CARNEGIE Autobiography of Andrew Carnegie 3 ...
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...Research paper 1 SCADA Attack worldwide In era of modern technology evolves and it change continuously over the time as well as it creates risk or threat. The emergence of Internet and worldwide technologies as these systems were tightly integrated with business systems and became more exposed to cyber threats. Supervisory Control and Data Acquisition (SCADA) protocols are communications protocols designed for the exchange of control messages on industrial networks. A control system is a device or set of devices to manage, command, direct, or regulate the behavior of other devices or systems. By complexity, the reliable operation of modern infrastructures depends on computerized systems and SCADA systems. These control systems and devices communicated with each other almost exclusively, and rarely shared information with systems outside their environment. As more components of control systems become interconnected with the outside world using IP-based standards, the probability and impact of a cyber attack is at highest risk. Complexity of SCADA architectures, there is a variety of both wired and wireless media and protocols involved in getting data back to the central monitoring site. This enables implementation of powerful IP-base SCADA networks over mixed cellular, satellite, and landline systems. SCADA communications can employ a diverse range of both wired (lease...
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...Corporation in 1986 and back to United States Steel Corporation in 2001 when the shareholders of USX spun off the oil & gas business of Marathon Oil and the steel business of U. S. Steel to shareholders. In 2001 it was still the largest domestically owned integrated steel producer in the United States, although it produced only slightly more steel than it did in 1902, after significant downsizing in the 1980s. U.S. Steel is a former Dow Jones Industrial Average component, listed from April 1, 1901 to May 3, 1991. It was removed under its USX Corporation name with Navistar International and Primerica. Formation J. P. Morgan and the attorney Elbert H. Gary founded U.S. Steel in 1901 (incorporated on February 25) by combining Andrew Carnegie's Carnegie Steel Company with Gary's Federal Steel Company and William Henry "Judge" Moore's National Steel Company for $492 million ($13.58 billion today). It was capitalized at $1.4 billion ($38.63 billion today), making it the world's first billion-dollar corporation. At one time, U.S. Steel was the largest steel producer and largest corporation in the world. In 1907 it bought its largest competitor, the Tennessee Coal, Iron and Railroad Company, which was headquartered in Birmingham, Alabama. This led to Tennessee Coal's being replaced in the Dow Jones Industrial Average by the General Electric Company. The federal government attempted to use federal antitrust laws to break up U.S. Steel in 1911, but that effort ultimately failed. Time...
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...together to collaborate on a specific topic or idea. The process of collaborative writing: research, rough draft, final draft is just as an individual paper; however, the workload is divided amongst the team. The importance of collaborative writing is to have a group of individuals successfully working together to builds character in the team members. The complexity of a group dynamic is in the team member themselves; with many personalities and different behavior patterns, group work can be undeniably difficult. For a successful paper, the group must demonstrate ethical working habits by dividing the workload evenly, communicating effectively, and demonstrating keen promptness. A divided workload can be very difficult to accommodate; team members generally do not share the same opinion, so common grounds must be settled on to start the paper. Writing collaboratively acknowledges ethos as, “collaborative practices involving distributed participation and collaboration, where rules and procedures are flexible and open to change” (Kittle & Hicks, p.2). This essay will break down the fundamentals of collaboratively writing, using different facts and ideas to describe its practices. A cliché most often used is, “there is no “i” in team.” People used this statement to overcome egotistical barriers in a group function: sports teams, business meetings, and more specific to this paper, collaborative writing. In a group dynamic, many roles have to be portrayed; these roles either...
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...strategy. A Master is a practitioner of the art of strategy in life and in business. Management & Strategy Gurus Main Guru's Index ABCDEFGHIJKLMNOPQRSTUVWXYZ 1 of 41 9/21/2014 3:38 PM http://www.easy-strategy.com/strategy-gurus.html Military Gurus Blog Ask me! Newsletter Clients Privacy Policy Motivational [?]Subscribe To This Site A Igor Ansoff Igor Ansoff The father of Strategic management Igor Ansoff (1918-July 14, 2002) was an applied mathematician and business manager. He is known as the father of Strategic management. He was a distinguished professor at United States International University (now Alliant International University) for 17 years, where several institutes continue his work in strategic management research. Igor was recognized worldwide as the Pioneer and Father of Strategic Management. He was the first management strategy guru to recognize the need for strategic planning for firms operating in the increasingly complex and turbulent environment. Chris Argyris Chris Argyris (born July 16, 1923) in Newark, New Jersey, USA, a Professor Emeritus at Harvard Business School, is more commonly known for seminal work in the area of Learning Organizations which was later developed in the best selling The Fifth Discipline by Peter M. Senge. The work of Chris Argyris has influenced our thinking about the relationship of people and organizations,...
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...S A BRIEF HISTORY OF DECISION MAKING BY L E I G H B UC H A N A N A N D A N D R E W O ’ CO N N E L L RANDY LYHUS Humans have perpetually sought new tools and insights to help them make decisions. From entrails to artificial intelligence, what a long, strange trip it’s been. SOMETIME IN THE MIDST OF THE LAST CENTURY, Chester Barnard, a retired telephone executive and author of The Functions of the Executive, imported the term “decision making” from the lexicon of public administration into the business world. There it began to replace narrower descriptors such as “resource allocation” and “policy making.” 34 | Chances Are The dicey history of risk 36 | The Meeting of Minds The power and perils of group decision making 38 | Thinking Machines The real intelligence behind AI 40 | The Romance of the Gut The appeal of leaders who just do it The introduction of that phrase changed how managers thought about what they did and spurred a new crispness of action and desire for conclusiveness, argues William Starbuck, professor in residence at the University of Oregon’s Charles H. Lundquist College of Business.“Policy making could go on and on endlessly, and there are always resources to be allocated,” he explains.“‘Decision’ implies the end of deliberation and the beginning of action.” So Barnard–and such later theorists as James March, Herbert Simon, and Henry Mintzberg– laid the foundation for the study of managerial decision making...
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...PROFESSOR (with tenure). School of Management Rensselaer Polytechnic Institute, Affiliate of Sloan Foundation Industry Studies Centers Major Interests: • Innovation Management • Product Design, Marketing and Brand Management • Innovative Teaching Approaches (Multimedia Enhanced on campus and Distance Learning) AWARDS 1995 Boeing Outstanding Educator Award Hesburg Award Team (for Educational Innovation) In 1995, I was a co-recipient of the Boeing Outstanding Educator Award and a member of the team receiving the Hesburg Award for Educational Innovation TEACHING Teaching Role. My recent teaching has been in Rensselaer’s resident MBA program (both full and parttime), Professional and Distance Education Program and undergraduate programs. My research and teaching have made important contributions to efforts to build the marketing and management and technology curricula in the School of Management at Rensselaer and at other universities who have adopted our teaching materials. As a pioneer in interactive leaning material on product development and manufacturing, I have developed several interactive multimedia cases and collaborated on the development of simulations designed to teach marketing principles and bridge management and engineering disciplines. The simulations teach marketing, design and manufacturing concepts by exposing students to tradeoffs inherent in new product development. They help provide an understanding of design, manufacturing, and marketing decisions, as well as...
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...Assignment 1.2: Industrialization after the Civil War Final Paper Belinda Scott History 105: Spring 2014 Prof. Michael Smith Industrialization after the Civil War After the Civil War the United States became a much more industrialized society. Between 1865 in 1920 industrialization and proved American life in many ways. However industrialization also created problems for American society. This paper will introduce my previously crafted thesis statement where I stated my opinion on how industrialization after the Civil War influenced US society, economy, and politics. This paper will also identify three major aspect of the industrialization during 1865 in 1920 that influenced United States society, economy, and politics while considering issues such as; geography, entrepreneurship, and legislative representation. This paper will also identify three specific groups that were affected by industrialization and provide two examples of each group describing how the group was affected while considering issues such as race, ethnicity, gender, and child labor. Finally this paper will summarize how industrialization affected the life of the average working American during this period. After the Civil War the United States became a much more industrialized society. Between 1865 in 1920 industrialization improved American life in many ways. However industrialization...
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...Leadership is about Listening, Hearing & Responding Abstract Organizational viability is dependent simply upon effective leadership. Efficient leaders participate in both expert leadership actions (Mastrangelo, Eddy & Lorenzet, 2004). This particular leadership paper starts with perspective and value claims of the writer. It talks about the content, requesting the best Questions through Hackman and Wagemen plus some of the ideas and evaluation associated with leaders and supporters. Kolb’s model understanding type of abstract conceptualizer is described. The Path Goal Theory regarding leadership is dealt with and clarifies features of it talents and flaws in the Twelve Theory of Leadership through Hazem Abolrous. The guide The way to Win Friends and Impact Others, talks about a few concepts of methods to make individuals just like you, how to acquire people in your thought process, and approaches to transform people devoid of arousing bitterness and these principles tend to be examined. Some leadership studies for example Team Development Behavior as well as Leadership Assessment focus on the outcomes of the self-surveys. The functions of the leader being the Marketplace simulation are reviewed. Leadership is discussed in the leadership model along with what this signifies towards the author. Introduction Leading a business differs through controlling it. Managers desire to be effective. Leaders desire to be efficient...
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...Webster’s defines a business as: (a) a usually commercial or mercantile activity engaged in as a means of livelihood. (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...
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