...though women currently are changing the future of business entrepreneurs through history have made a difference during their lifetime. During the 19th century Andrew carnegie was the wealthiest businessman and a owner of a famous steel company. This man was either a nice person that gave away his money to the public or made people suffer by paying his workers less, or even having workers lose a leg to maintain their family. Andrew Carnegie came from an immigrant family that immigrated to the United States when he was a young boy. During his childhood he would worked a series of railroad jobs. However, by 1889 he owned his own steel corporation, that was known as the largest in the world. This exemplifies that even though Andrew Carnegie came from a difficult childhood he still was available to face the challenges of the world later on in life as a successful businessman but affected the way he treated people....
Words: 506 - Pages: 3
...Captains of Industry? Or Robber Barons? [pic] Overview: The thirty years plus, following the end of the Civil War, is often referred to as the “Gilded Age”. This was a term coined by Mark Twain, the most renowned American writer of the period. It refers to a superficial period of intense economic growth. During this time, businessmen created large business organizations known as trusts. The ingenuity of these entrepreneurs earned the titles of “Captains of Industry”. Yet, their ruthlessness in building wealth at the expense of their competitors, workers and consumers often earned them the title “Robber Baron”. This DBQ (Document Based Questions) asks you to decide whether these businessmen were “Captains of Industry” or “Robber Barons”. Background Essay During the post-Civil War period, an era commonly referred to as the Gilded Age, the economy of the United States grew at a fantastic rate. With the exception of a recession during the mid-1870s, and another during the mid-1890s, the economic growth was in unprecedented in United States history. Manufacturing output increased by 180 percent. Railroads, an important catalyst of growth, increased in miles by 113 percent. Steel production grew to over 10,000,000 tons per year by 1900. Every aspect of the American economy expanded from traditional activities to new enterprises brought about by the huge influx of cutting-edge technological inventions. The gross national product almost doubled during the period and the per...
Words: 2205 - Pages: 9
...August 10, 2014 Abstract In the short span of 55 years between 1865 and 1920 the Industrial Revolution brought vast expansion of big business and a change to the American people. Lad by Henry Ford’s assembly line industrial powers such as Carnegie, Huntington, and Rockefeller emerged and built their empires. Birthed from these industrial empires we witnessed the growth of legislation and laws that where susceptible to manipulation by the development of corrupt politics. With the surge in technology, growth of super powers, environmental issues, government legislation, or corrupt business practices or corrupt government the industrial revolution exploded in a time where change was needed to draw the American eye away from the deadly Civil War, which so many where still attached to, and focus on the theoretical idea “a better way of life”. The Industrial Revolution was sold to the American people with the false since that if you work hard you will acquire wealth. This lie to the populace was met with a flood of American and immigrant workers that swarmed to the workforce for low wages and unhealthy work environments. Imbedding this idea into the American workforce the Industrial Revolution spawned business power houses like Carnegie, Huntington, Ford, and Rockefeller. The Industrial Revolution also bestowed on us the corrupt business and political practices that shaped the laws and regulations that are practiced today. The Industrial Revolution saw itself spawn from...
Words: 1657 - Pages: 7
...it wasn't until after the civil war, when the industrial revolution began, till America began its rise to becoming one of the top economies in the world. This was due to the abundance of businesses that we're started by America's elite. However, some of the people who contributed most to America's rise did not come from wealth. Cornelius Vanderbilt, one of the wealthiest Americans of the 19th century, was not born with an abundance of money. He worked hard to build the empire he created. As a kid he worked with his father on a ferry that transported goods around New York. After working as a steamboat captain he invested in steamboats and cultivated one of the country's largest steamship operators. He was a fear and ruthless and gained a reputation for it. Vanderbilt also knew potential when he saw it. In the 1860s, he shifted his focus towards railroads and built another empire. His fierceness made him one of the best entrepreneurs in history and when he died he was worth more than $100 million. Vanderbilt, however, wasn't the only entrepreneur that knew opportunity when they saw it. John D. Rockefeller knew when and how to take risks. Rockefeller knew that oil was the future of America, but he also knew oil was extremely costly to mine. Instead of wasting a fortune on mining oil he went into refining oil and founded the Standard Oil Company. Rockefeller was also innovative and minimized costs by transporting crude oil through pipes rather than train. He, later, started to...
Words: 657 - Pages: 3
...the Progressive era which extended from post reconstruction into the early 20th century and consisted of the laborers of which was the most significant portion of the population; and the management which included a very select, miniscule percentage of the population. During this period agrarian work declined and did not have a large effect on the Labor Movement and the corresponding events...
Words: 1567 - Pages: 7
...humiliation. As Herbert Croly, a political philosopher stated “American history contains much matter for pride and congratulation, and much matter for regret and humiliation”. And I think this statement is totally right but not enough. To begin with, one of the highlights of US’s economy is, basically, that they know how to grab the enrichment opportunity at a right time, in right place. This expressed clearly throughout the wars. America somehow used the smart tactics that could help them remain their economic benefits. In World War I, at the beginning, America chose to follow “neutrality policy”, when they have no reason to attend in a battle that was not their. However, there were many reasons that forced US to join into the war that they undesired. In 1915, the Lusitania's sinking with the death of innocent Americans was seen that the main external reason that affected strongly US’s decision to enter the war. Undeniably, the “act of aggression” of Germany, when they tried to ignite the fight between Mexico and America, also consolidated the decision. Moreover, the internal reason, as the safety of the “democratic ideology”, was a substantial factor that made the US change the original political orientation. Generally, no matter what the real reason was, the truth was that America, indeed, achieved a lot of economic benefits not only in wartime but also in postwar. On the other...
Words: 2652 - Pages: 11
...Zack Fellows Professor Gilliard English 1190 M/W 1200-155 How Patent and Copyright Laws are Contracting our Economy Patent and copyright laws have played a very intricate role in the United States economy all throughout our history. Most recently, they have played a very crucial role in protecting intellectual property, distinct types of creations of the mind for which a set of exclusive rights are recognized under corresponding fields of law. When the United States put into agreement the North American Free Trade Agreement(NAFTA) , and opened up a lot of our trade barriers with countries all of the world, the key idea was that we were going to begin to change the face of our economy. We were going to do this by profiting off of our intellectual property and enforcing our strong patent and copyright laws around the world while slowly ridding ourselves off our manufacturing base. As the years passed, patent and copyright applications soared through the roof and it seemed as if the idea of intellectual property was working very efficiently. Innovation seemed to be coming from everywhere as there was a high motive to be able to patent or copyright your idea and make heavy profits. This innovation was a crucial part in the rapid expansion of our economy during the 1990’s, but soon this expansion came to a halt. This is heavily due to the fact of the enormous number of patents and copyrights that are being issued: over 240,000 in 2010, which in turn is hindering people’s innovation...
Words: 3176 - Pages: 13
...most important aspect of the entire nineteenth century. It not only changed the way Americans produced goods, it also changed how Americans ran their lives and what the focus of society became. Besides these outcomes of the industrialization period, along with an increase in technology and production, there were other important side effects. The most important side effect of the industrialization period and topic of my paper that was mentioned in all three textbooks, was it’s effect on the relationship between social classes. This topic is a very important section, imbedded throughout Howard Zinn’s A People’s History of the United States, George Brown Tindall and David Emory Shi’s America: A Narrative History, and Paul Johnson’s A History of the American People. First we must take a look at the personal views of these authors before looking at how they each analyzed the topic. Zinn has a radical, Marxist interpretation of early US history in which he believes the entire history of the United States was based off of conflict. This includes racial conflict, gender conflict, and in our case, class conflict. Tindall and Shi have, as most history books do, a liberal interpretation of early US history in which they believe the history of the United States is based on consensus and agreement of core values among Americans. They believe the US has a good future because of the agreement on these values which include freedom, democracy, capitalism, and equal opportunities. Johnson has...
Words: 1880 - Pages: 8
...point of clarification before you start your journey with the gurus and masters: a Guru is a person who is very knowledgeable and teaches a particular 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...
Words: 8421 - Pages: 34
...A PROJECT REPORT ON SOCIAL ENTREPRENEURSHIP SUBMITTED BY APOORV CHITNIS FOR THE DEGREE OF THE BACHELOR OF MANAGEMENT STUDIES UNIVERSITY OF MUMBAI UNDER THE GUIDANCE OF PROF. BHUMIKA MORE SIES COLLEGE OF ARTS, SCIENCE AND COMMERCE, NERUL, NAVI MUMBAI-400706 ACADEMIC YEAR 2011-2012 DECLARATION I, APOORV CHITNIS, studying in T.Y.B.M.S, of S.I.E.S COLLEGE OF ARTS, SCIENCE AND COMMERCE, NERUL hereby declare that I have completed the project on SOCIAL ENTREPRENEURSHIP in the year 2011 – 2012 as per the requirements of Mumbai University as a part of Bachelor in Management Studies (B.M.S) programme. DATE: PLACE: NAVI MUMBAI __________________ APOORV CHITNIS CERTIFICATE I, BHUMIKA MORE hereby certify that APOORV CHITNIS student OF S.I.E.S COLLEGE OF ARTS, SCIENCE AND COMMERCE, NERUL has completed his field work project on the topic of “SOCIAL ENTREPRENUERSHIP” in the Academic Year 2011-12. The project is based on bonafide information. _________________ _______________ ______________ Prof. Bhumika More Prof. Smita. R Dr. Rita Basu (Project Guide) (BMS Coordinator) (Principal) ________________ External Examiner ACKNOWLEDGEMENT My thanks to my project guide, Prof. Bhumika More for assisting me in every way possible and gently steering...
Words: 17397 - Pages: 70
...Journal of International Business and Law Volume 7 | Issue 1 Article 3 1-1-2008 Management Controlled Firms v. Owner Controlled Firms: A Historical Perspective of Ownership Concentration in the US, East Asia and the EU Andrew C. Spieler Andrew S. Murray Follow this and additional works at: http://scholarlycommons.law.hofstra.edu/jibl Recommended Citation Spieler, Andrew C. and Murray, Andrew S. (2008) "Management Controlled Firms v. Owner Controlled Firms: A Historical Perspective of Ownership Concentration in the US, East Asia and the EU," Journal of International Business and Law: Vol. 7: Iss. 1, Article 3. Available at: http://scholarlycommons.law.hofstra.edu/jibl/vol7/iss1/3 This Article is brought to you for free and open access by Scholarly Commons at Hofstra Law. It has been accepted for inclusion in Journal of International Business and Law by an authorized administrator of Scholarly Commons at Hofstra Law. For more information, please contact lawcls@hofstra.edu. Spieler and Murray: Management Controlled Firms v. Owner Controlled Firms: A Historic MANAGEMENT CONTROLLED FIRMS v. OWNER CONTROLLED FIRMS: A HISTORICAL PERSPECTIVE OF OWNERSHIP CONCENTRATION IN THE US, EAST ASIA AND THE EU Andrew C. Spieler* & Andrew S. Murray" ABSTRACT This paper will present a historical perspective on the relationship between owner controlled firms and management controlled firms in the US, Europe, and East Asia, and the degree to which concentration...
Words: 10704 - Pages: 43
...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. But decision making within organizations is only one ripple in a stream of thought flowing back to a time when man, facing uncertainty, sought guidance from the stars. The questions of who makes decisions, and how, have shaped the world’s systems of government, justice, and social order.“Life is the sum of all your choices,” Albert Camus reminds us. History...
Words: 4766 - Pages: 20
...just have to decide to use it. Power is like the muscle, the more action you take, the easier it gets. Science has already proven this to be true as the neural strands in your brain get thicker the more you do certain things. 2. When I first got started I wish someone would have held a gun to my head and advised me "look, you're going to focus on ONE thing at a time and master it before you move onto the next". Focus isn't just a word, it's the ability to keep your eye on what you want to accomplish so any obstacles you see will be ignored. Ok, "master" is probably too strong of a word. For example, when I first started using PPC advertising (Pay-Per-Click) many years ago I was losing money for over 2 straight months because I didn't know how to test my campaigns. So I invested in a solid PPC course by Perry Marshall and studied it. I started small and then reinvested my profits. 3. The first thing anyone should do is get clarity on what they really want. Making 10k per month is not a real goal. It's good to have, but if you don't become CRYSTAL clear on the WHY behind that goal, you're going to let obstacles kick your butt. Wanting money never got me anywhere. Now spending time with my loved ones and telling my boss to go pound sand.......PRICELESS!!!! 4. Trust no one, at first. Yes, there are some FANTASTIC people out there that are willing to help you, but there are also a lot of charlatans. I paid a lot of money to consultant a few years ago to help me increase my conversions...
Words: 4499 - Pages: 18
...Confirming Pages bye80180_appB_539-654.qxd 11/19/09 9:17 AM Page 539 technology ventures - management dell’imprenditorialità e dell’innovazione Richard C. Dorf, Andrew J. Nelson, Roberto Vona Copyright © 2011 – The McGraw-Hill Companies srl A P P E N D I X B Cases 539 bye80180_appB_539-654.qxd 11/19/09 9:17 AM Page 540 Confirming Pages technology ventures - management dell’imprenditorialità e dell’innovazione Richard C. Dorf, Andrew J. Nelson, Roberto Vona Copyright © 2011 – The McGraw-Hill Companies srl 540 APPENDIX B Cases TREXEL We’ve never met a customer who wasn’t interested in our technology. —David Bernstein, CEO of Trexel David Bernstein hung up the phone with Alex d’Arbeloff, Trexel’s largest investor, and contemplated an upcoming Board of Directors meeting scheduled for June 25, 1998. The meeting was only 10 weeks away and Bernstein, Trexel’s president and chief executive officer, needed to present a coherent vision of the company’s new strategy. Bernstein believed that Trexel’s patented technology for manufacturing foamed plastics had the potential to revolutionize much of the worldwide plastics industry. His innovative process technology, known as MuCell, allowed the Woburn, Massachusetts company to produce foamed plastic utilizing 25% to 50% less material than traditional solid plastics without a significant decrease in the strength of the plastic. Bernstein believed the market for products produced via this...
Words: 51437 - Pages: 206
...Family business models This page intentionally left blank Family business models Practical solutions for the family business Alberto Gimeno Associate Professor in Business Policy and Director of the Advanced Management Program (AMP), ESADE Business School, Spain Gemma Baulenas Family Business Knowledge S.L. Joan Coma-Cros Family Business Knowledge S.L. © Alberto Gimeno, Gemma Baulenas & Joan Coma-Cros 2010 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No portion of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, Saffron House, 6–10 Kirby Street, London EC1N 8TS. Any person who does any unauthorized act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The authors have asserted their rights to be identified as the authors of this work in accordance with the Copyright, Designs and Patents Act 1988. First published 2010 by PALGRAVE MACMILLAN Palgrave Macmillan in the UK is an imprint of Macmillan Publishers Limited, registered in England, company number 785998, of Houndmills, Basingstoke, Hampshire RG21 6XS. Palgrave Macmillan in the US is a division of St Martin’s Press LLC, 175 Fifth Avenue...
Words: 56393 - Pages: 226
