Essay Robber Barons in America - 1193 Words

Robber Barons in America What is a robber baron? Webster’s New Dictionary defines it as an American capitalist of the late 19th century who became wealthy through exploitation (As of natural resources, governmental influence, or low wage scales) or a person who satisfies himself by depriving another. In America we had a lot of these kind of people. For this report I am going to tell you about the ones that I found most interesting to me. I would first like to tell you about Cornelius Vanderbilt. Cornelius Vanderbilt was born in Port Richmond on Staten Island, N. Y. in 1794. Cornelius at the age of 16 had already stepped into the busniess world and he didn’t even know it. At 16 he entered into the steamboat business when he†¦show more content†¦At the mere age of 16 he went to work for a firm of farm-produce shippers. A couple of years later, he went into that business for himself. In 1862, he went into business with Samuel Andrews, the inventor of an inexpensive process for the refinement of crude petroleum. By 1870 the company had been superseded then in 1870 Rockefeller and his brother William and several associates took over the business. By the 1880’s the company was one of the largest and richest manufacturing concerns in the world. Rockefeller main concern wasn’t always business he married Laura Celestia Spelman in 1864. They had three daughters Bessie, Edith, and Alta and one son John D. Rockefeller, Jr. In 1862 Rockefeller formed the S tandard Oil Trust. This, the first corporate trust, was declared an illegal monopoly and ordered dissolved by the Ohio Supreme Court in 1892. Rockefeller retired as president in 1911. Also in 1911 the company was broken into separate corporations by an antitrust decision of the U.S. Supreme Court. At the peak of Rockefeller’s personal fortune was estimated at almost 1 billion dollars. Rockefeller founded the University of Chicago in 1892. Rockefeller died at the age of 97 on May 23, 1937, in Ormond, Florida. He was buried in Lake View Cemetery, Cleveland, Ohio. When you hear the word â€Å"Ford† more often then not people are going to think of automobiles. This is not surprising because a man gaveShow MoreRelatedThe Role of Capitalists Essay1267 Words   |  6 Pages12/4/14   U.S  History   G  Block   The  Role  of  Capitalists  DBQ   Many  capitalists  worked  to  shape  post  Civil  War  America  through  building  new   businesses  to  employ  many  people  and  create  new  jobs  as  well  as  change  America  through   creating  new  inventions  such  as  a  faster  and  cheaper  way  of  producing  steel  and  discovering   the  uses  and  increasing  demand  for  oil.  All  of  these  inventions  would  change  America,  with   the  faster  and  more  efficient  method  of  steel  production  massive  skyscrapers  rose  in  the   natioRead MoreThe Myth Of Robber Barons By Burton W. Folsom1141 Words   |  5 PagesAishwarya Nandini Jonathan M. Steplyk HIST 1312-012 19 October 2017 Book Review: The Myth of the Robber Barons by Burton W. Folsom The Myth of Robber Barons is a short, but excellent book that talks about the entrepreneurs of early America. It argues against the misconception that the successful businessmen of the 19th century, often called the â€Å"robber barons†, amassed a big fortune by robbing the general public, whereas, they became wealthy because they offered good quality products and servicesRead MorePoor Working Conditions in the Age of Industrialization751 Words   |  3 Pagesresulting in poor working conditions. The texts â€Å"Modern America is Born† by Milton Meltzer, â€Å"Robber Barons and Rebels† by Howard Zinn, and â€Å"Hostile Employers See Yourselves as Others Know You† by Samuel Gompers, talks about poor working conditions that happened during industrialization. The working conditions in the late 1800s and the early 1900s were very poor. In 1869 the completion of the first transcontinental railroad was a new development in America. The railroad was built mostly by immigrants thatRead MoreRobber Barons Or Industrial Giants. In The Late19Th And1455 Words   |  6 PagesRobber Barons or Industrial Giants In the late19th and early 20th centuries, a severely divided, 100-year old nation called the United States of America, underwent major transformations that would forever change America and the world. The cause of the changes was America’s Industrial Era, which began roughly eleven years after the Civil War ended. The industrialization of America could not have started and continued without big money, and the leaders and financiers of the movement were capitalistsRead MoreAmerica’s Antebellum Capitalists: Captains of Industry or Robber Barrons?503 Words   |  3 PagesMore often than not, America’s antebellum capitalists are accused of being the â€Å"robber barons† of industrial America. 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Also, little kids had to work but did not get paid, these kids should not have been working since they let themRead MoreThe Rise Of The Industrial Revolution1007 Words   |  5 Pageswere know as Robber Barons, like Cornelius Vanderbilt, J.P Morgan, Andrew Carnegie and John D, Rockefeller. These men were buying up every business that had any relationship with their companies in order to corner the market and create monopolies. These companies had no restrictions on the business practices and business acquisitions during this time. The U.S was a free market system, there where no government regulations or restrictions on trust or monopolies, which let the robber barons run free andRead MoreCaptains Of Industry Essay1360 Words   |  6 Pagessole 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 business, and provided productsRead MoreIndustrialization Causes Corruption in Businesses900 Words   |  4 Pagesenterprises, and other productive economic activity into a society. Industrialization is a huge aspect of society and especially in America. After the American Civil War in 1861, a lot southern plantation owners were living in poverty because they lost their land. Emancipated slaves were also living in poverty because most them didn’t have a job, but as industrialization grew in America, more people were attracted to the cities up North. A lot of southerners and emancipated slaves traveled up North becauseRead MoreThe Capitalists Who Shaped Post-Civil War America956 Words   |  4 PagesAccurately established by many historians, the capitalists who shaped post-Civil War industrial America were regarded as corrupt â€Å"robber barons†. In a society in which there was a severe imbalance in the dynamics of the economy, these selfish individuals viewed this as an opportunity to advance in their financial status. Thus, they acquired fortunes for themselves while purposely overseeing the struggles of the people around them. Presented in Document A, â€Å"as liveried carriage appear; so do barefooted

Terrorism Centred On Religious Motives And Aims Adopt...

Terrorism centred on religious motives and aims adopt features that engender them to be more susceptible to committing severe acts of violence when compared with secular terrorist actors. Unlike secular groups, religious terrorist’ quests to attain the divine is often not bound by a region or state, they often seek global dominance and wish for their violent acts to coerce political goings transnationally and achieve mass violence on an international scale(?). Justification through contorted interpretations of scripture enable them to dismiss laws and universal norms that restrict them from committing gross violations of human rights that sometime bound secular actors. Often, they can attain the divine through acts such as suicide, glorifying despicable acts and labelling it as divine or holy. Reducing their perceived injustice to a war where it is good vs. evil enables them to dehumanise their broad interpretation of legitimate targets, often employing derogatory language to reduce the innocence of their victims mentally. Religious terrorists are also guilty of placing the consequences of their actions in gods hands. To demonstrate these different structures, this essay will contrast the secular group, AFLKJ, and Aum Shinrikyo – a terrorist group dominated by religious dogma(?) in an effort to portray that religious terrorist groups are inherently more violent. groups with the intention to employ violence or the the threat of violence in order to coerce another group intoShow MoreRelatedGp Essay Mainpoints24643 Words   |  99 Pagessaved at all costs c. Are we doing enough to save the environment? d. Main reasons for environmental problems nowadays 5. Religion a. Religion divides more than it unites b. Religion and politics c. Science and religion 6. Terrorism a. Can terrorism ever be eradicated? 7. Sports a. True purpose of sports nowadays b. Sports and Media 8. Foreign Aid a. How effective is Foreign Aid? 9. Migration a. Is migration/having foreigners good? 10. Subjects a. Literature bRead MoreOrganisational Theory230255 Words   |  922 Pagesthe neo-modernist approach reach different parts of the organization Level 1: Developing the organization Level 2: Managing the human resource 100 100 102 102 103 105 105 106 107 107 108 109 . Contents ix Level 3: ‘We are a people-centred organization’ Level 4: The world of the management guru The human relations school as an example of neo-modernist organization theory How ‘human relations’ begins What is the human relations school? The human relations school develops The Hawthorne

Qualitative Research Methodologies in Management †MyAssignmenthelp

Question: Discuss about the Qualitative Research Methodologies in Management. Answer: Introduction: Continuous improvement is a primary requisite for organization to sustain the consistency of quality in products, processes and services which are aimed at accomplishing incremental improvement in the course of time. The development of tools and techniques for addressing the concerns of continuous improvement in context of an organization can be realized through the application of the four step quality model known as the PDCA cycle that refers to Plan-Do-Check-Act. The application of fishbone diagram as a viable technique for identification of root cause of the problems identified in this specific context could be observed in the report. The term continuous improvement has to be addressed with respect to the case of Latino Engineering in order to address the issues identified after the recent acquisition of the company by an investment group (Anshin, 2014). The background of the report could also be associated with the identification of profound issues such as defects in engineering equipment, long turnaround time for resolution of issues, non responsive customer service team; poor follow up with clients and delivery of wrong equipment to clients (Caron, 2016). The complaints were profoundly observed from clients that increased gradually over the course of time thereby leading to concerns from the senior management to address the issues. The review of the scenario has to be aligned with the intended objective of Continuous Process Improvement for deriving explicit inferences into the application of appropriate tools and techniques for anticipating the root causes, elimination of the root cause and ensuring that the root causes are subject to explicit control in the long term (Chandrakumara Rao, 2016). The strategies used for addressing the root cause could be identified in the application of the six sigma approach to identify critical success factors for the continuous improvement process. The pictorial illustration of the continuous improvement plan could facilitate flexibility in determining the textual overview of the procedure for identifying causes of issues for Latino Engineering and implementing a continuous improvement plan to address the same. Continuous improvement plan: The continuous improvement plan for the case of Latino Engineering has to be designed with the use of a POTI diagram which would illustrate the factors of processes, organization, technology and information required in the continuous improvement process. The POTI diagram facilitates the impression of the accessible infrastructure for Latino Engineering to implement continuous improvement plan (Chapman, 2017). Process The desired performance levels of Latino engineering has to be associated with acquisition of engineering competences. Workforce should be apt in technical specifications for the profession. Reforms in processes such as production and distribution are imperative. The existing organizational structure of Latino Engineering has to be reformed Changes in the process aspect of the continuous improvement plan can be realized through effective HR practices such as recruitment, training and development of competent human resources (de Moraes, 2016). Technology Inclusion of new computer systems for development of information systems. Profound changes to the existing technology systems such as production Accommodation requirements could be identified in the form of including additional warehouses for inspection of products. Machinery requirements imply updating existing machinery infrastructure in order to address engineering equipments (Djoudi, et al., 2015). New networks for customer relationship management and effective tracking of inventory. Organization Employees are required to acquire skills in the following areas: Proficient skills in engineering for addressing production insufficiencies Verbal communication skills and proficiency in English language Culture changes are required in the form of participative involvement of leaders Staffing levels should be addressed with particular references to the improvement of recruitment in monitoring departments (Galvn-Cruz, et al., 2015). Training needs that should be implemented in context of the case of Latino Engineerings continuous improvement process refer to the improvement of communication abilities and production management competences. Information The requirements of information in context of the continuous improvement plan would also have to be established in the scope statement. The reports regarding client feedback would facilitate the account of progress obtained from the continuous improvement plan. The new data requirements would refer to the distinct attributes for which customer satisfaction is declining. The specific attributes include references to estimated root causes such as the lack of structural management, irresponsive customer service and minimal responsiveness of the organization to change in ownership. Textual overview: The textual overview of the continuous improvement plan has to be derived from the basis of three distinct aspects. As per Galvan, et al, the continuous improvement plan would reflect comprehensively on the factors such as basic quality tools implemented for continuous improvement process in the manufacturing activities of Latino Engineering and the implementation of the six sigma approach to ensure lean manufacturing outcomes based in critical success factors (Galvan, et al., 2015). Seven basic tool for quality checking otherwise referred to as the 7QC framework was developed as an outcome of the initiatives of Japan to address the concerns of quality revolution. The industrial program reforms were largely based on the outcomes of the 7QC framework which facilitated opportunities for statistical and graphical techniques for addressing quality related issues identified for the organization. The tools could be applied flexibly since it requires a basic understanding of statistical technique for addressing complex quality related issues (Guercini, 2014). The flexibility of applying the framework across different industries and all processes of the organization ranging from product development to the delivery phases could also be accounted as a notable reason for considering its application in the case of Latino Engineering. The notable 7QC tools refer to stratification, histogram, check sheet, fishbone diagram, Pareto chart, Control Chart and scatter diagram. A basic understanding of the individual tools would provide insights for adopting a relevant technique for identifying the root causes of problems experienced by Latino Engineering. Stratification approach for estimation of quality issues in manufacturing could be realized through the classification of data into different sub-categories based in division, class, levels and group which facilitate insights into functional information for assessment of the problem. According to Haried Huang, Histogram is used for analyzing data concentrations for specific distributions that complements the understanding of distinct factors that emerge consistently in context of the issue encountered by Latino Engineering (Haried Huang, 2016). The use of a histogram in this case would be helpful to determine the intensity of individual complaints identified from the behalf of the clients of the company. For example, the frequency of complaints regarding defective engineering equipment and the delivery of wrong equipment could be estimated effectively from the use of histogram for quality checking. The application of histogram as a quality control tool would help Latino Engineering to prioritize the issues in production management. It can be identified that the frequency distribution of customer complaints regarding irresponsive customer service and defective equipments are higher in case of Latino Engineering which should be prioritized in the continuous improvement plan. The application of a check sheet or a tally sheet in the case of Latino Engineering would be helpful in deriving an impression of metrics in a structured format pertaining to the issues in the manufacturing process of the organization (Ibez-Fors, Aragons-Beltrn Bovea, 2015). The objective of a tally sheet is directed towards listing of the specific events in the production process in order to account the frequency of their occurrence thereby leading to a detailed apprehension of defect patterns and root causes for the patterns. As per Galvn-Cruz, et al, the objectives for continuous improvement process for the organization should be aligned with the outcomes from a tally sheet that can be applied to identify the defects such as missing components, labelling errors, issuing of wrong item, failure to comply with quality tests and rusted items in the products of Latino Engineering (Galvn-Cruz, et al., 2015). The utilization of the cause-effect diagram or the fishbone diagram is utilized for defining the possible causes responsible for a particular quality issue identified in the manufacturing of an organization. The fishbone diagram can facilitate a clear impression of the root causes in context of the case of Latino Engineering from the distinct perspectives of people, methods, material, measurements, environment and machines (Kassim, et al., 2016). The quality problem identified in this case refers to the depreciation of quality of engineering equipment facilitated by the company and this can be accounted as the effect from the fishbone diagram. People aspects in the case of Latino engineering which can be accounted as causes in the diagram include communication barrier and improper management. The introduction of a new senior management with the retention of large share of existing workforce can be accounted as a formidable reason for inducing conflicts in change management thereby leading to disparities in communication. Method aspects of the causes refer to the outdated technology, lack of planning and poor prioritization of tasks in the production process. The measurement aspect of the causes identified in the fishbone diagram for Latino engineering reflects on the lack of short term goals, lack of accountability and limited progress tracking (Korhonen, 2015). The organization has recently undergone a major change in senior management which has not implemented any substantial changes in the organizational structure. The senior management has not established any credible monitoring schema for tracking the progress of the manufacturing process or delivery of the finished products which leads to quality problems. The aspects of machine in terms of causes could be identified in the lack of maintenance of the existing machinery, energy crisis and frequent machine breakdowns. The environmental aspects which could be assumed as root causes for quality issues in this case refer to the prominence of industrial health hazards and the higher probabilities of workplace accidents. The materials aspect in the fishbone diagram could be reflective of defects in supplier items, limited raw materials and lack of buffer stock in order to address alternative production approaches. As per Marle, Vidal Bocquet, the use of Pareto chart in this case could also be comprised in the 7QC framework which would help the project management to identify the trivial causes responsible for majority of the problems experienced by the organization (Marle, Vidal Bocquet, 2013). It can be apprehended that the resistance to change and insufficiencies in the organizational management are major factors for quality issues in the production. On the other hand addressing these concerns would have the maximum impact on resolution of defects. The application of scatter diagram could provide a pictorial representation of the association between the overall effects i.e. the problem and the causes. Process control chart is used for determining the stability of a specific process under particular conditions (McBride, 2016). The application of the quality checking tools and techniques such as fishbone chart, Pareto chart and histograms provided insights into the quality issues in production of engineering equipment. The factors which have been primarily identified as root causes for the problem experienced by Latino Engineering in its production management comprise of lack of proper management, insufficiencies on supplier side in terms of quality of parts and the resistance of the existing human capital of the organization towards change. Based on the identified root causes, critical success factors would have to be estimated that could assist in eliminating or reducing the root causes and illustrated as follows. Six Sigma approach: The identification of critical success factors is necessary in the case of Latino Engineering in order to address the issues observed as outcomes from the 7QC framework. According to McKenna Whitty, the implementation of Six Sigma approach for the resolution of quality issues in production can be realized through consideration of DMAIC framework that allows the definition of the problem, measurement of key milestones, analysis of data, improvement in current processes and effective control over the processes (McKenna Whitty, 2013). The six sigma approach applied in case of the concerned organization would be initiated with the design phase that reflects on client feedback regarding the products which could be monitored effectively to ascertain the specific problem areas and the root causes. The measurement phase could be applied in this case through the use of process control mapping and Pareto chart to identify the major sources of problems and access relevant data pertaining to current processes in production. Data collected from the measurement phase has to be incorporated into the analysis phase in the Six Sigma approach through the use of measures such as Root Cause analysis and process map in order to ascertain the varying impacts of root causes on the entire production process of Latino Engineering (Neizvesnyj, Kharitonov Rogozina, 2013). The analysis phase is followed by the improvement phase that is concerned with design of experiments that could tailor new projects for improving quality of the existing processes. Improvement in the case of Latino Engineering could be realized through a comprehensive reflection on the critical success factors alongside implementation of mandatory reforms required in the existing production framework of the organization (Ogunsanya, Aigbavboa Thwala, 2015). The final stage in the implementation of six sigma approach in context of the concerned case organization is the control phase that leverages the outcomes of variance analysis and descriptive statistics based on customer feedback to implement control over the quality issues in the improved production and delivery frameworks. Critical success factors: The critical success factors that must be considered in the case of Latino Engineering could be observed in the involvement of management, project selection, control skills of the management, training , continuous education and promoting acceptance of cultural changes. However, Rozenes said that the organization must emphasize considerably on the commitment of management, cultural change and training for addressing or eliminating the root causes of the production issues experienced by the organization recently (Rozenes, 2013). The change in the senior management implies a drastic cultural change within the organization which is largely influential on the responsibilities of individual employees in the organization. The organizational commitment must be aligned with the business strategy and values of Latino Engineering based on the vision of its founder Dominic Latino. The probable outcomes from the application of six sigma approach could be observed in the improved control over labelling and delivery of finished engineering equipment, changes in organizational structure implying drastic changes in the HR department of the organization and technological reforms through inclusion of systems for information management. These factors are responsible for inducing short term benefits for the organization which could be observed in resolution of the pressing issues for Latino engineering such as defective engineering equipment, non responsive customer service and delivery of wrong engineering equipment (Singh Lano, 2014). The improvements in the production apparatus through maintenance of existing equipment and introduction of updates through addressing modern machinery and heavy plant requirements could resolve the issues arising with defects in engineering equipment. The impact of the changes in organizational structure could facilitate effectiveness for monitoring the business activities thereby leading to higher productivity. Emphasis on critical success factors such as organizational commitment could be assumed as significant entity for ensuring prolific long term outcomes such as cultural alignment of the workforce to accomplish the organizational goals (Ogunsanya, Aigbavboa Thwala, 2015). The employees could become acquainted with the new management through the application of experimental frameworks of bilateral communication to improve labour-management relations. Furthermore, the management could be able to apprehend the human resource requirements and ensure that the aspects of customer relationship are improvised over the course of continuous improvement process. The implementation plan has to comply with the constraints of time i.e. 3 months in the case of Latino Engineering and can be presented in the form of a Gantt chart as follows. Gantt Chart Phase Month 1 Month 2 Month 3 Design Measurement Analysis Improvise Control Conclusion: The report presented a comprehensive impression of the six sigma approach to production management of Latino Engineering with profound illustration of tools and techniques used for identifying root causes of the problem. The report also presented recommendations for addressing the root causes through six sigma approach alongside anticipating the critical success factors that would ensure that the outcomes are sustained in the long term. The final section of the report presents an implementation plan citing the short term and long term benefits of the six sigma approach to production management for Latino Engineering supported by a timeline for completion of the individual stages. References Anshin, V.M., 2014. Issledovanie metodologii i faktorov tsennostno-orientirovannogo upravleniya proektami v rossiyskih kompaniyah [The Research of methodologies and factors of value-driven project management in Russian companies] Upravlenie proektami i programmami [Project and Program Management].Izd. Dom" Grebennikov, (2), p.38. Caron, F., 2016. A Bayesian Approach to Project Control. InProject Management: Concepts, Methodologies, Tools, and Applications(pp. 832-844). IGI Global. 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Multicriteria Decision Making Methodologies Applied to the Selection of Best Available Techniques in the Ceramic Industry: Equalitarian vs Prioritised Weighting. InProject Management and Engineering(pp. 117-129). Springer, Cham. Kassim, F.A.I., Nawawi, A.H., Hanipah, B.M. and Hwa, T.K., 2016, October. A system dynamic modelBased model for making decision to run PPP projects in Malaysia: Management (Thories and methodologies of enterprise management). InInformation Communication and Management (ICICM), International Conference on(pp. 62-66). IEEE. Korhonen, I., 2015. Project management methodologies in SaaS deployment projects. Marle, F., Vidal, L.A. and Bocquet, J.C., 2013. Interactions-based risk clustering methodologies and algorithms for complex project management.International Journal of Production Economics,142(2), pp.225-234. McBride, M., 2016. PMP-ing Your Project with Flashy Methodologies. InProject Management Basics(pp. 99-107). Apress. McKenna, T. and Whitty, S.J., 2013, September. Agile is not the end-game of project management methodologies. InProceedings of the 10th Annual Project Management Australia Conference (PMOz 2013)(pp. 1-13). PMGlobal. Neizvesnyj, S.I., Kharitonov, D.A. and Rogozina, V.B., 2013. Algebra project management methodologies based on genomic model.Management of Development of Complex Systems. KNUBA, 15, 46,48. Ogunsanya, O.A., Aigbavboa, C.O. and Thwala, W.D., 2015. Application of value management methodologies to project selection in Nigerian construction industry. Rozenes, S., 2013. The impact of project management methodologies on project performance. InPerspectives and Techniques for Improving Information Technology Project Management(pp. 14-23). IGI Global. Singh, R. and Lano, K., 2014. Literature Survey of previous research work in Models and Methodologies in Project Management.International Journal of Advanced Computer Science and Applications,5(9), pp.107-122.