Captains Of Industry Essay - 1360 Words

In the late 1800s and early 1900s, during the climax of the American Industrial Revolution, there was a small group of men who owned the major businesses and were leaders of their industries. They owned factories, railroads, banks, and even created company towns for the sole purpose of housing their workers. Due to the efforts of these few men, the U.S. economy became the envy of the world, and America became a leading world power. They provided the public with products that were in high demand for reasonable prices, and opened their markets to countries overseas. Although many people believe the early industrialists were Robber Barons who exploited the poor, these great men were truly Captains of Industry who created new ways of doing†¦show more content†¦Although some of these criticisms are well founded, men like Andrew Carnegie and John D. Rockefeller were, in fact, Captains of Industry because they employed millions and created new ways of doing business. Before al l these industrialists can along, America was just another country that had little significance to the world. If it was not for them, we as a nation would not be where we are today. The industrialists prospered mainly due to their wit, and the many innovations that they brought to their various fields of business. They created monopolies because they were the most effective forms of enterprise, and there were no laws that prohibited or restricted their use. As John D. Rockefeller himself said, I believe in the spirit of combination and cooperation when properly conductedÂ….It helps to reduce waste, and waste is a dissipation of power.(Danzer 424) Critics say that these men ruthlessly took over their fields of business, and did not play fair. Whats wrong with striving for success? Whats wrong with being efficient? Whats wrong with making a product that no one can equal? Whats wrong with besting your competitors? Nothing. The principal reason for the success of the industr ialists was their ability to provide products and services to the public at reasonable rates. This was also the main reason that they were so despised and vilified by their competitors and the covetousShow MoreRelatedRobber Barons versus Captains of Industry520 Words   |  2 PagesRobber Barons vs. Captains of Industry During the Industrial Revolution of the 19th century, both robber barons and captains of industry were terms used to place businessmen into a good or bad category. The term robber baron is a representation of industrialist who used manipulative methods in order to reach enormous quantities of wealth. Some characteristics of robber barons were: they depleted America of its valuable resources, forced authority to pass laws that would work in there favor,Read MoreWas J.P. Morgan a Captain of Industry or a Robber Baron?669 Words   |  3 PagesWas J.P. Morgan a Captain of Industry or a Robber Baron? In the early nineteenth century the USA was very corrupt. It was a time were monopolistic businesses thrived, and small ones failed. In this time was when J.P. Morgan became the man controlling the most money in the world and ended up owning at his peak, forty companies. In the early nineteenth century J.P Morgan was both a Captain of industry and a Robber Baron. J.P. Morgan was considered by many a robber baron, and there are many reasonsRead MoreCaptains of Industry783 Words   |  3 Pagesdrove production and allowed for the rapid rise of industry under the theory of Social Darwinism. The ideas of vertical integration, horizontal integration, and monopoly led to the expansion of railroads, the use of kerosene from refined oil to light homes, and the American domination of the steel industry. These recently introduced concepts and their repercussions are indebted to the businessmen who sought to manipulate and dominate the industry. 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By: Justine Wetten Advanced U.S. History Mr. Unis January 5th, 2015 Discuss whether the industrial leaders of the late nineteenth century are more accurately described as â€Å"captains of industry† or â€Å"robber barons†? A. Plan of Investigation This investigation will assess whether the industrial leaders, such as, Andrew Carnegie, John Pierpont Morgan

Analysis Of Ford s Assembly Line - 1556 Words

Ford’s Assembly Line The acronym PERSIA denotes the categories Political, Economic, Religion, Social, Intellectual and Aesthetic into an easy way of remembering one of many systematic models. These six categories are used to organize and explain technology’s effect and changes over a long period of time. By categorizing a specific topic or idea, one may easily be able to understand the importance that topic, idea and technology has impacted a person, culture, country, and even history. Thus, providing a new outlook and perspective on history and the factors that contributed to the change in history. Firstly, the PERSIA model breaks into the category, political. Political describes how technology has impacted the political system.†¦show more content†¦Technology can impact different denominations of religious affiliations. For example Muslim, Catholic, Christians, Judaism, and etc., can use and see technology differently. On Shabbat, which is the last day of the week, known as the day of rest, followers of Judaism must refrain from using electronics and or motor vehicles. The category social, refers to an individual within society. Specifically, how technology effects changes in social relationships and people’s lives. Technology can make life easier and at the same time can make life more difficult. When an invention is released, the inventors’ intent and purpose to increase production and reduce time or increase quality of life, may produce the opposite result. For example, DDT, which was used as a pesticide, was sprayed during the mid-1900’s to rid of insects, solved the problem temporarily, but eventually caused problems to the environment and people later down the road. As a result, the technology wasn’t completely successful. Following social, intellectual describes education, technological advancement, and subjects learned in education. Some of these include, math, science, engineering and physics. The category intellectual defin es what is important to know and what is useless. Lastly, the PERSIA model ends with aesthetic. This is defined as what is appealing to the eye of a person. Creatively expressing an idea, or coming up with a new solution

Consumer Decision to Study at Holmes-Free-Samples for Students

Question: Discuss about the Buyer Behaviour. Answer: Introduction: One of the most recognized multi-sectoral providers of education across the globe, Holmes Institute has emerged to be one of the most popular universities in Australia for the international as well as regional students. Established in the year of 1963, the Holmes Institute has its campuses in all the major destinations of Australia, including Melbourne, Sydney, Brisbane, Hong Kong and Gold Cost ((Holmes.edu.au 2017)). One of the major reasons as to why amongst all the reputed educational institutions of Australia, the Holmes Institute has achieved such recognition, is that the institute offers a wide range of academic courses to its students. While on the one hand, the institute is known for providing undergraduate and postgraduate courses in business management, on the other hand, it also offers a diverse range of vocational courses such as diploma of Software Development IT, Diploma of Digital Media Tech, Diploma of Hospitality and Diploma of Accounting, Diploma of Applied Fashion and Technology, Diploma of Salon Management and others. Apart from the domestic students residing in Australia, the institute also witnesses a remarkable inflow of foreign especially Asian students. The unique selling point of the Holmes Institute has been that the institute has always tried its best to align its educational products with the demands of the labour market. Hence, considering the growing number of students in Holmes Institute, and greater recognition of the institute, the following report intends to discuss and critically analyse the important factors that influence the students to study in Holmes Institute. After careful evaluation, the report also intends to offer recommendations that can help other universities attract the attention of international students via continuous quality improvement process and other means Discussion: Demographic and Psychographic Characteristics of the Sample Students: The demographic as well as psychographic segmentation of the consumer base plays a highly important role in enabling an organization determines its potential consumer base. It has been observed that there are43 universitiesin Australia:40public universities, two international universities, and one private university, and yet a huge number of students choose to study in Holmes Institute (Marginson 2014). To understand the important factors that lead the students to come abroad and choose the Holmes Institute, one needs to know the demographic and psychographic characteristics of the students studying at Holmes. For this purpose, a sample of 40 students were being selected, out of which 35 students are international students, while 5 are domestic students of Australia. Accordingly, the demographic and psychographic characteristics of the students have been assessed. Demographic Characteristics: The demographic segmentation includes the average age, income, or the educational qualification of the people belonging to the specific segment of the target audience. After careful study of the sample students, it has been observed that approximately 25 of the 35 international students, have completed their secondary school, and has enrolled themselves in Bachelor Degree courses in Holmes Institute (Hargreaves et al. 2014). Most of the students are coming from Asian countries, out of which Indian students account for a high proportion of the international students in Holmes Institute. In fact, the number of higher education visa applications lodged by students in India to study in Australia rose from 1,987 to 4,148 in the year to September 2013, and accordingly the total number of students studying in Holmes Institute coming from Australia has increased and in fact doubled over the last five years (Hargreaves et al. 2014). Most of the students (approxima tely 37) belong to the high or middle socio-economic section of the society. Since Holmes Institute offers a diverse range of scholarship programs to the meritorious students coming from abroad, the students belonging to the middle section of the society also come here to pursue higher education at Holmes Institute. However, apart from India, the top student visa lodgements in the last year were China, Vietnam, Brazil as well as Nepal. Most of the students are self-financed, and are engaged in jobs of sales assistants, waiters and part-time office cashiers in Australian organizations. The age of most of the students lie between 15 to 30 years. Psychographic Characteristics: The values, attitudes or lifestyles of the students studying in Holmes Institute should also be assessed. Most of the students studying at Holmes are more interested in pursuing a vocational course that can fetch them a high salary job within and outside Australia. The international students studying here usually wish to earn a certificate from a foreign university, and they easily choose Holmes because it offers them scholarship programs as well as the right to stay and work in Australia for two years after finishing their course. Because of the diverse atmosphere, the international students, coming from third world nations, usually choose Holmes Institute. Out of the 40 respondents, 38 students claimed that they chose Holmes as a foundationof their successfulcareer paths, rather than an institution to earn a degree from. Factors Influencing Consumer Decision to Study at Holmes: Located at the heart of Australia, the Holmes University has been able to attract the attention of a huge number of students, both staying within as well as outside Australia. The first and foremost reason behind choosing Holmes Institute over any other educational service provider of Australia is that the institute offers a diverse range of courses to its students. Starting with secondary or higher secondary education, till vocational education and training programs, Holmes Institute has been helpful enough in shaping the academic career of the students. However, the reputation of the Holmes Institute largely rests in the VET educational courses offered by it, that includes courses on Diploma on Hospitality Management and accounting or Information Technology. Further, approximately 50% of the respondents researched claimed that they chose Holmes, as Holmes Recruit, the recruiting body of the institute also offers employment opportunities to its meritorious students. Other universiti es, which are relatively cheaper than the Homes Institute, such as Western Sydney University, do not offer a diverse cultural set up, and thus the international students often complain of bullying. However, most of the students studying at Holmes Institute, chose to study here because of the diverse, friendly and warm culture followed at the institute, Academic Support Classes offered on weekly basis to the students and the job opportunities provided by the institute. Some of the students also said that they chose the institute as it offers them to enjoy a flexible schedule, whereby they can balance their academic life with professional commitments. Unlike the University of Queensland or University of Sydney, the Holmes Institute does have a stringent policy regarding student attendance, and thus the students can also work and finance while completing their vocational courses (Derricott 2014). Holmes Institute students also have the option to study a subject for their degree at anot her university, and this form of flexible system of education proves to be highly beneficial, especially to the international students of the institute. To round it up, the ethnicity, income and lifestyle are the three major factors that have influenced the consumer decision of the students studying at Holmes Institute. In case of international students, coming from developing nations like China and India, the need to move in to a safe learning environment was necessary, and Holmes Institute helped in the actualization of this wish. Next, the income is an important factor here. The students who can afford to visit an international university, but cannot invest an enormous amount of money for the same, chose to come here. Most of the people coming here wish to earn a certificate from a foreign university, and go back to their own nation, for enjoying better professional prospects in the respective home countries. 35 students claimed that they were not thinking about the permanent residency in Australia, and came to study at Holmes Institute only for earning a certificate, and distinguishing themselves from other students in their nati ve lands. It is equally important to understand how the students arrived at the decision to study at Holmes (Stromquist and Monkman 2014). Most of the students came to know about the institute from their family members and friends, who had also come to Holmes Institute for completion of higher studies. A considerable number of students from Asian countries also settle down in Australia since the foreign students now have the right to stay and work in Australia for two years after finishing their course. Consequently, the international students also get the opportunity of staying with their family members, friends or relatives in Australia that would not have been possible in case of any foreign university (Kaiser et al. 2014). Besides, some students, though less in number, also stated that they heard of the University while enrolling in different online courses. Besides, a large number of students also claimed that they came to know about the university from the social networking si tes like Facebook, where the infrastructure of the campuses, a variety of online courses as well as the pictures of the social activities in the colleges attracted them the most. Role of Student Motivation, Personality and Emotion in Influencing Consumer Purchasing Decision at Holmes Institute: While investigating the factors which might have influenced the researched students to come up to Australia, it has been observed that the poor employment scenario in the Asian countries is one of the major reasons. Most of the students coming to Holmes wishes to earn a certificate from a foreign university that would at least help them distinguish themselves in the home country in the job market. Studying in foreign universities largely enhance the employability of the Asian students. Apart from the job prospects, and fat salary factor, studying in foreign university is also associated with higher social status that has also motivated the students to come here. They preferred Holmes Institute over other Australian universities, because of the lenient process of administration as well as comparatively low fee structure at the University. The Holmes Institute charges merely $12,500 for 40 weeks (Holmes.edu.au 2017). The ambitious students who wish to distinguish themselves from others wish to pursue higher education here. The students are usually self-motivated individuals, who wish to make career pathways on their own. Since Holmes Institute allows flexible schedule to the students, the students can balance their academic and professional life in a very effective way (Psacharopoulos 2014). More than the reputation, the students coming to Holmes for higher education are concerned about safety and familiarity in a warm, positive culture. Recommendations for Education Providers to Attract International Students: With the proliferation of various international universities in and outside Australia, it has become imperative for the education service providers to adopt effective strategies that can enhance consumer credibility in their services, and help them attract consumers. It is important to discuss the Marshallian Economic theory, where Alfred Marshall claimed that the consumers would avail the service only if it can offer them personal satisfaction. Hence, it is important for the service providers to understand who the members of their potential consumer base are, and what are the needs and wants of the same. Besides, Marshall also claimed that if there is a product and substitute of that product, sales of the substitute will be greater if its price is lower than the price of the original product. Hence, in presence of so many institutions, the education providers may encounter difficulty in retaining their competitive position, unless they agree to offer service at lower rates (Marshall 2015). It should be remembered that the students coming from international locations, are usually less concerned regarding the quality of education provided by the educational institutions, and are more concerned about the certificates of a foreign university. Hence, they can slightly compromise with the name and reputation of the institute, and will prefer to go to a foreign university that offers education at lower price. Hence, lowering the fees would be highly recommended for these institutes. The concept of emotional advertising is an important concept in the consumer marketing and consumer advertising theory. Emotional advertising is an effective form of communication that companies can use to achieve differentiation from competitors, because this format awakens diverse sensations among audiences. Here, the marketers must first trace the basic wants and needs of the consumers, and as far as the international students are concerned, they wish three things: a safe learning atmosphere free from cultural bias, cooperative faculty and scholarship prospects. Accordingly, while endorsing the service over social media channels or the official website, the educational service providers should highlight their anti-ragging policies within the colleges, as well as specify the number of international students, especially those coming from the Third World nations (Woodall et al. 2014). The pictures and the posts should also show how harmonious and warm the relation between the faculty and students, is at the concerned college. It is important to ensure that the most relevant and appealing information are being made available to the international students. It is recommended that the colleges and universities specify details via useful links regarding the scholarship and financial aid information, instructions for visa applications and sample application essays. Further, it should be noted that the international students coming to Australia usually spend a lump sum amount of money and hence most of them wish to settle with a job after the completion of their studies. Hence, it is recommended that the educational service providers start promoting the internship opportunities as well as work-study programs that can lead the students to potential job placements. Besides, it is also advised that the management authority also showcases alumni from top degree programs and establish a networking program so that the international students can contact alumni for any kind o f career advice (Sterling and Huckle 2014). Although most of the students studying abroad, receive funds from families, the same proves to be insufficient owing to the high rate of tuition fees. Hence, at the time of implementation of international recruitment strategies, the colleges should offer scholarship fees in the form of tuition costs tuition costs, so as to incentivize the international students to apply and enrol at the concerned institution. Conclusion: Holmes Institute has emerged to be one of the most recognized institutes for the international as well as domestic students of Australia. Offering a variety of professional courses at low price, the university has succeeded in offering a caring and supportive learning environment. It is important to mention here that the institute is committed to providing the highest quality education to enable and empower students to seek self-improvement, irrespective of nationality, gender or belief. The institute should remain true to its commitment, and needs to improve the quality of education. Hence, the recruitment of experienced faculty is important. Besides, a very important factor that will draw students to the institute, whether from overseas or right at home, is a community of current and former students promoting their experiences and encouraging prospective to visit their alma mater. Hence, creation of a community is laso recommended Reference List: Derricott, R., 2014.Citizenship for the 21st century: An international perspective on education. Routledge. Hargreaves, A., Lieberman, A., Fullan, M. and Hopkins, D.W. eds., 2014.International handbook of educational change: Part two(Vol. 5). Springer. Holmes.edu.au. 2017.Holmes Institute. [online] Available at: https://www.holmes.edu.au/ [Accessed 19 Jun. 2017]. Kaiser, F., Maassen, P., Meek, L., van Vught, F., de Weert, E. and Goedegebuure, L. eds., 2014.Higher education policy: An international comparative perspective. Elsevier. Marginson, S., 2015. International education in Australia: The roller coaster.International Higher Education, (68), pp.11-13. Marshall, A., 2015.The Early Economic Writings of Alfred Marshall, 18671890. Springer. Psacharopoulos, G. ed., 2014.Economics of education: Research and studies. Elsevier. Sterling, S. and Huckle, J., 2014.Education for sustainability. Routledge. Stromquist, N.P. and Monkman, K. eds., 2014.Globalization and education: Integration and contestation across cultures. RL Education. Woodall, T., Hiller, A. and Resnick, S., 2014. Making sense of higher education: students as consumers and the value of the university experience.Studies in Higher Education,39(1), pp.48-67.

Hong Kong Economic Modernization

Media Essay Coursework Feb 2015

Media Essay Coursework Feb 2015 Media Essay Coursework Feb 2015 â€Å"Why, in Hollywood films such as ‘The Help’, are African-American characters in subservient roles continuing to appeal to audiences?† For many years, black actors have taken on what could be called ‘secondary roles’ within Hollywood films. For example, in 1939 Hattie McDaniel played the part of Mammy, a black housemaid, in the epic Civil War romance, Gone with the Wind. A more recent example of African-American characters playing subservient roles is The Help. It tells the story of an aspiring author during the Civil Rights Movement of the 1960s who takes it upon herself to write a book detailing the African-American maids’ point of view on the white families they work for, and the hardships they go through on a daily basis. The Help was originally a book written by Kathryn Stockett but was made into a film, released in the USA on 12th August 20111 and on its opening weekend, generated a turnout of $26,044,5902. Produced by Dreamworks, with a budget of only $25,000,0003 The Help is said to â€Å"succeed wonderfully, a warm and sweet song of hope that pushes all the right buttons.†4 Another example of African-Americans taking on a subservient character is Lee Daniels’ ‘The Butler’. Released on 16th August 2013 in the USA this film is about a black man named Cecil Gaines that serves eight presidents during his time as a butler at the White House. It also focuses on the Civil Rights movement, Vietnam, and other major events that affect his life, family and American society. It is similar to The Help in a variety of ways, such as the focus on African-Americans during the 1960s and their roles as servants to the ‘superior’ white people within society and also, the references made towards the Civil Rights Movement. However, each film deals with the issues in different ways. For example, in The Help, the Civil Rights Movement is presented as a very positive subject through the coming together of the characters Skeeter and Aibileen; a white journalist and a black housemaid. Whereas The Butler focuses more on Cecil and his discouragement towards the movement and the tragic effects it has on his family. Despite being on the receiving end of a number of favourable reviews and 2 nominations for a BAFTA award; The Butler is not as critically acclaimed as The Help. The Guardian called it â€Å"treacly and stilted† and stated that â€Å"it doesn’t quite work†.5 And so the question of why The Butler was not as successful as The Help is raised, regardless of the fact that the concepts of both films are extremely similar. One of the possible reasons for The Butler’s lack of success is the way in which Civil Rights are approached and presented. The Help focuses largely on the strength of black people, women in particular, and their persistence in ‘making a change’. And so as previously mentioned, Civil Rights are presented as a positive characteristic of 1960s society. However The Butler centres its attention on Cecil opposing the Civil Rights Movement, with the inclusion of graphic, violent scenes that some viewers may have found disturbing. In compa rison to the light hearted nature of The Help, The Butler covers the sinister aspect of the Civil Rights Movement which the audience may not want to see. This may have affected the way the audience perceived the film as a whole, and as a result, was not as prosperous as The Help. Peter Bradshaw of The Guardian states that â€Å"On the home front, Cecil is portrayed as a tough, caring father to his two sons, but in the all-important work arena, he is a submissive son to a succession of hammy daddy figures, posturing away behind the Oval Office desk.†6 This lack of consistency of the main character may also be another reason as to why the film was a flop compared to The Help. One of the earliest stereotypes of African-Americans to emerge in television and film is that of the domestic worker/house servant. It is most typical for a black woman to be casted as a domestic, with characters such as Hattie McDaniel in Gone

ME Discussion 3 Essay Example | Topics and Well Written Essays - 250 words

ME Discussion 3 - Essay Example Due to increase in price of crude oil which is the key element for inks manufacturing and technological advancements, the revenue of organizations has been severely impacted (Jailing, 2011). Considering the developments taking place at an accelerating rate worldwide in ink industry, the prices of these products will increase which will affect the demand of this product. For the company being reviewed, firm’s elasticity of demand for this product is elastic as increase in price will affect the demand of ink in digital printing industry. There is high demand of inks that are suitable for high value digital industry along with energy cured inks. The market for this ink comprises of packaging and commercial printing and publishing companies. In future i.e. next five years, it is expected that demand of sleek magazines and catalog will increase which will mean that there will be increase demand of ink systems that are energy curable along with usage of equipments for printing presses that are fast and automated. Two types of inks are gaining popularity i.e. water-based inks and vegetable oil based inks to support production of environmental friendly products so that ecological pollution can be minimized. It is expected that demand of digital inks will increase by 3.7% in next five years i.e. 2017 (Electronics Industry, 2012). The increase in demand is expected because of increasing requirement of technology that has in screen-printing feature, establishment of departments responsible for internal graphics that facilitate professional level of quality, computer usage will get tripled in future and in-house printing needs are being required both small and large scale companies. The digital inks segment will see acceleratin g growth in future because of exponential expansion of inkjet printing (Electronics Industry, 2012). Electronics Industry (2012, January 10). Global

Bill of Material Essay Example | Topics and Well Written Essays - 250 words

Bill of Material - Essay Example and SAP Inc. designs the BOM for many enterprises depending on the nature and ERP needs of the enterprise in question. The technology companies have to make the BOM application user-friendly so that the management may find ease and efficiency when using it. BOM is a merely a list of the components required to build a product by detailing and providing the manufacturers part number and the amount of quantity need for a particular component. For example, Microsoft deals with production of computer hardware, which typically consists of different parts. The company, therefore, uses the BOM track the components needed to complete a single computer hardware. That enables the company to track the production cost per unit head. Similarly, SAP is a computer technology and hardware company that assembles computer hardware parts to supply to their clients. Consequently, SAP uses the BOM track the cost of particular parts needed for completion of a single product design. Additionally, SAP management can use the information generated to manage its stock and plan for deliveries from suppliers in time. The policies concerning stock control effectiveness is easily monitored through BOM In general, BOM benefits Microsoft Dynamics and Systems, Applications and Products (SAP) in many ways. Some of the benefits include; facilitating and the location of items. Hence, it saves time spent. Additionally, the software identifies the changes that materials have undergone with respect to a particular time. The rules that govern the use materials can be useful using BOM. Lastly, BOM software, gives reports of the full audit of the material usage, all the approvals made during requisition of materials and all the costing involved (Hua & He, 2010). He, P., & Xu, X. (2009). Improving process flexibility through products assignment with bill of material constraints.  Robotics And Computer-Integrated Manufacturing,  25(3), 582-588.