...Motors and More Inc. is a company which manufactures small motors, industrial accessories, and home products. In today’s highly competitive industry, Motors and More Inc. needs some changes to overcome the rapidly changing market. Their HR department had no functions with-in the company to utilize and help with the high employee turnover rate. This Human Resource plan shall cover and discuss the business strategy that Motors and More Inc. adopted to help them thrive in the future. Porter Five Analysis of Competitive Position Supplier Power It would be easy for Motors and More Inc. to increase their prices due to lack of competition, being the only one in a small town of 28,000 people (McCain, 2007). Customers are forced to purchase their merchandise services regardless of the price. Which gives Motors and More an edge in hiring and setting pay rates. For example, the low unemployment rate of 3.1 percent which means the demand for workers exceed the labor supply (McCain, 2007). Also, factors such as business-to-business sales give Motors and More the advantage over others for increasing prices as the demand for products increase. The marketing and sales department continues to sell products to an expanding market....
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...RETENTION DRIVERS AT BAYTECH PLASTICS Retention drivers at Baytech Plastics Penny Luwedde June 09, 2013 What elements of retention drivers are missing from Baytech Plastics’ strategy and what should be included if anything is missing? Baytech Plastics is a company that produces plastic components and assemblies for companies in North America and overseas. According to the case study, “Retention of Employees at Baytech Plastics” (Zinni, Mathis and Jackson, 2011, p.86), the company is committed to communications, managing employee skills, and knowledge transfer which in turn lead to a low turnover. For many companies a lower turnover rate means higher employee retention and lower costs, hence the need for strategies and programs to maintain a viable human resources retention rate. To this end companies without any formal employee retention program or policy like Baytech Plastics use ‘retention drivers’ to help them attain a fairly high employee retention rate. Below are the retention drivers that Baytech Plastics uses to ensure that they retain most employees, (Zinni et al., 2011, p.86): 1. Good work environment and employee treatment; management in any company with a clear vision of the company structure and a policy of accountability, sets in place an organizational culture in which employees feel they are treated well thus leading to a good work environment. 2. Good communication; this runs hand-in-hand with a good work environment, in that employees can...
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...On 5th January 1914 the Ford Motor company announced that it would more than double the wages of its workers. Briefly describe the history of this decision and relate to the theory of incentives and efficiency wages. When Henry Ford introduced the five-dollar day on the 12th of January 1914, many of his competitors might have questioned the success of this policy. Today, it is well established that Ford’s strategy was a key reason for the company’s early success and is often documented as an exemplary application of the efficiency-wage theory. This essay will briefly outline the history and implications that have led to the five-dollar day and relate it to the theory of incentives and efficiency wages. Henry Ford founded the Ford Motor Company in 1903. During the first few years the company remained relatively small and it was only with the introduction of the T-Model in 1908 and the transformation to assembly line production that Ford could expand his market share and increase the company’s profitability. However, as Raff and Summers noted, assembly line production resulted in a high degree of specialisation of the different production steps. Work at Ford’s became more and more menial, leading to dissatisfaction among the workforce, which reflected in a significant annual turnover of 370% in 1913. Although there was no evidence that Ford had problems filling his vacancies, the absenteeism and high turnover undoubtedly resulted in costs that Ford had aimed to reduce. It...
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... The two companies chosen for this purpose is General Motors (unsuccessful) and Toyota Motor Corporation (successful). The content of this paper will analyze, compare and contrast the outcomes, and recommend actions that General Motors could have made to make their diversification venture more successful. The analysis will include the company’s core business, the size of the companies, and the 2009 financial statements of the companies, the company’s global presence, and their use of e-business. The analysis will also contain the primary reason for the different outcomes. History of General Motors General Motors was founded by William Durant on September 16, 1908, in Flint Michigan. GM’s core business is making and selling automobiles. At the beginning, General Motors designed automobiles for the Buick Motor Company, but in a short amount of time General Motors acquired more than 20 companies. These companies include Oldsmobile, Cadillac, and Pontiac, to name a few. General Motors went through many phases of development from 1910-1929. General Motors new design over Ford’s Model T design set the pace for production, design, and the marketing innovation of vehicles. General Motor’s first diversification took place when it added Chevrolet, Vauxhall, and Opel. General Motors used its philosophy and strategy for marketing by stating “A car for every purse and purpose” (General Motors, 2011). Today General Motors is one of the largest automakers in the world. GM’s global...
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... 1-8-14 Single Phase AC Motors Single phase AC motors are a type of motor that is what the name implies which is one phase. In a single phase AC motors, a single phase motor has voltage and it splits into two phase currents to create a rotating magnetic field to generate the rotor. There are four different types of single phase AC motors and they are called split phase, capacitor, shaded pole, and repulsion. Capacitor and shaded pole is the most common motors they have. A capacitor run motor is connected between a main and auxiliary winding to create a phase shift in between the windings and a rotating flux. Split phase has main and auxiliary winding a centrifugal switch open and remove the auxiliary winding. It reverses at low speed, relatively cheap cost, and it has rapid acceleration. A single coil of a single phase motor doesn’t produce a rotating magnetic field, but a pulsating field could reach maximum intensity at 0 degrees and 180 degrees electrical. A single phase current and can produce two counter rotating magnetic field phases. Permanent-split capacitor motor have one way to solve a single phase problem is to build a 2- phase motor. It requires a motor with 2 windings spaces away 90 degrees electrical and displace two phases of current with 90 degrees in time. Permanent – split capacitor motor has increased current magnitude and also has a backwards time shift as the motor generates the speed pace. The motor works well up to ¼ horsepower which...
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...Edrives Product Manager nigel_dawson@festo.com 1. Torque comparison of steppers and servos Many people believe stepper motors do not have the torque capacity of servo motors. This is not necessarily true. The nominal torque of a stepper motor is very similar to a servo for a comparable frame size. Of course a servo has an additional time dependant peak toque rating and their speed curve is considerably more flexible and higher performance than a stepper. If a stepper solution is correctly sized, it offers a real low cost alternative to a servo. 2. Good applications for steppers Servo motors, despite many claims, are not always the best performance choice for applications. The structure of a stepper motor means that positions are discrete steps in its revolution cycle. If an application requires very good stand still stability, for instance positioning a vision system, a stepper will always be better than a servo. Servo motors resonate backwards and forwards at standstill, giving them their positioning characteristics; stepper motors stay very stable at standstill. Positioning of vision systems is an ideal application for stepper motors 2 3. When is a servo not a servo? The term servo, often refers to a system with closed loop feedback, hence a servo motor is really only a servo when coupled to the drive to close the loop. This also means that any motor type can be built into a servo system to offer a cost optimised servo system. Such low cost servos utilise stepper...
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...Dominion Motors Impact of Recent Change: Recently, there have been estimates pointing to an average of 1,000 new wells each year for the next five years, which implies that there should be an increase in demand of oil well pumping motors. This is great news for Dominion considering they had acquired over 50% of the available market since 1973 for these motors. The rates charged by electrical companies were also affected and instead of a flat rate for all motors, there was a monthly base charge per horsepower. A 5 horsepower motor would be the cheapest at $125 per month, a 7.5 horsepower would be $161.25 per month, and most expensive would be a 10 horsepower motor at $200 per month. Companies using larger horsepower motors would find that their power rates would accumulate very quickly, and build up to very large costs. |Motor Size | |Monthly Base Charge per Horsepower | |Total Charge per Month | |5-hp |x |$25.00 |= |$125.00 | |7.5-hp |x |$21.50 |= |$161.25 | |10-hp |x |$20.00 |= |$200.00 | Oil companies would save $465/mo. switching from a 10-hp to a 7.-hp motor, $435/mo...
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...Review of Induction Motors Pattinson Hayton California State University, Long Beach College of Engineering 12/03/2015 Thus far in Energy Conversion and Principles, the topics of direct current, or DC, and synchronous motors have been covered and discussed. A direct current exists in the field windings of both of these motors and an alternating current, or AC, exists in the armature windings of both of these motors. Electrical power is delivered right to the armature of a DC motor using a commutator, or the moving part of the rotary, in these motors. Because of this, a DC motor with this type of connection can also be referred to as a conduction motor. Conversely, if a motor receives power by induction, rather than by conduction, the motor is called an induction motor. An induction motor is therefore a type of transformer that possesses a rotary secondary winding. As discussed previously, both DC and synchronous motors are doubly-fed. An induction motor, however, is a singly-fed motor. With these motors being singly-fed, the construction of is different than that of other motors. These motors do not require slip-rings, a commutator, or brushes. With these components absent from induction motors, it is thus seen that there are no moving contacts between the stator and rotors, which is obviously quite different than the structure of DC and synchronous motors. Induction motors are useful due to their efficiency. The absence of brushes in induction motors eliminates both the...
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...Global Strategy and Organization Commercial Applications of Ultrasonic Motors in China XinwenLV 1. Introduction 1.1Background: Traditional motors based on the electromagnetic principle have been invented and developed for more than one hundred years. As actuators and power sources, the motors have been widely used in many fields across the world and have made great contributions to our society. However, with the development of hi-tech products such as satellites, precision instruments, many new requirements for motors have been raised, which is difficult to meet for traditional motors due to its limitations on principle and structures. Many developed countries like Japan, America and Former Soviet Union, began to strive to explore new and special motors such as ultrasonic motors. 1.2The Mechanism of Ultrasonic Motors (USMs) The concepts of USMs have been put forward since 1940s. It utilizes the vibration of the elastic body in the ultrasonic frequency band and the reverse piezoelectric effect of piezoelectric materials. The mechanical movement and torque are obtained by means of the frictional contact force between the stator and rotor or slider. USMs can meet the new requirements for small and special motors because of its advantages which would be explained in detail in following chapter. Global Strategy and Organization 1.3The features of USMs (Compared to traditional motors) Advantages: (1) Compact structure, design flexibility, large torque density: As...
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...Introduction Ford Motor Company is one of the oldest car manufacturers period, it was founded June 16, 1903 (ideafinder, 2007). They are known for their Model T Ford, which is famous because it was the first mass produced car (ideafinder, 2007). Due to the longevity of this company, I was interested in researching the business to see just how they have been able to sustain their place as one of the more popular car companies in the world. The Ford Motor Company can be a big inspiration to a person who wants to be an entrepreneur. This paper will explore the strengths, weaknesses, opportunities, and threats to the company. This paper will also delve into just who the stakeholders of this company are, and how and if the needs of these stakeholders are met by the company. SWOT Analysis There are many strengths that this great company possesses and some of them are that it manufactures and distributes automobiles across six continents (Ford Motor Company, 2010). This company also employs about 164,000 people and has 70 plants worldwide (Ford Motor Company, 2010). Ford is now known for producing fuel-saving technologies across a wide range of vehicles, they are also launching a full range of electrical vehicles (Ford Motor Company, 2010). Being aware of areas of improvement is key for a company to continue being successful. The automotive liquidity of Ford Motor Company has significant pressure on it due to the global economic crisis that began in 2008 (Ford Motor Company, 2010)...
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...thermal stability of new motor technology raises spindle productivity and machining quality 3 Conventional motor technology suffers from major drawbacks 3 Benefits of synchronous spindles 4 Thinking out of the box and engineering bespoke solutions can pay beyond expectations 8 Innovation as a powerful mean of differentiation 9 An unprecedented recession Since the downturn in 2008, the machine tools industry, like many other manufacturing industries, has suffered from an unprecedented crisis which has shaken the strongest companies, not only in Europe and the USA but also Asia. Machine tools OEMs (Original Equipment Manufacturers) saw their sales plummet by up to 65% in the wake of the decline of their customer markets, such as automobile manufacturing. The crisis, made worse by the decline in lending, effectively stopped all capital investment over the last couple of years. With such low turnovers, none of the classical cost reduction measures like short time working, inventory reduction and efficiency measures was enough to avoid negative earnings. In contrast, the traditional industry challenges of improved machining quality, reduced machine costs and improved end user operating costs still demand addressing. In such a challenging environment, the panacea could come from innovative solutions devised and developed by ever more creative companies. This paper presents some of those innovations. Improved thermal stability of new motor technology raises spindle...
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...General Motors and Ford Motor Company Contemporary Business General Motors Company and Ford Motor Company are both one of the largest automobile manufactures in the world. General Motors is among the leaders in the number of automobiles sold whereas Ford is among the leaders in global automobile revenue sales. A culture of a company is defined as the foundation in which the company will operate in order to make money. Culture includes the attitude, behavior, beliefs and values that the organization have and are expected to use in order have to reach their goals and be successful. Diversity and empowerment within the company has been the main focus of General Motors and Ford Motors but the cultures of General Motors and Ford Motors are very different. General Motors focus always has been concentrated on using US resources and doing the things that brought them success in the past. General Motors has held on to its US based workforces, suppliers and dealers. “General Motors focus is one of inclusiveness. The cultural trends to be all inclusive no matter whether it is by a person's race, color, religion, sex (including pregnancy), national origin, age (40 or older), disability. One of the main goals is the complete diversify itself to be able to understand and compete more globally. Yet, the global outreach has been little to none” (Corporate Culture & Performance, n.d.). In order to achieve these goals, General Motors has dedicated its company to follow the...
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...Chapter 3 of Electric Motor Controls, G. Rockis, 2001 One-Line Diagrams One-line diagram – a diagram that uses single lines and graphic symbols to indicate the path and components of an electrical circuit. One-line diagrams are used when information about a circuit is required but detail of the actual wire connections and operation of the circuit are not. 1 Line Diagrams A line (ladder) diagram is a diagram that shows the logic of an electrical circuit or system using standard symbols. A line diagram is used to show the relationship between circuits and their components but not the actual location of the components. Line diagrams provide a fast, easy understanding of the connections and use of components. Electric Motor Controls, G. Rockis, 2001 2 Electric Motor Controls, G. Rockis, 2001 Wiring Diagrams Wiring (connection) diagram – a diagram that shows the connection of an installation or its component devices or parts. Wiring diagrams show, as closely as possible, the actual location of each component in a circuit, including the control circuit and the power circuit. 3 Electric Motor Controls, G. Rockis, 2001 Manual Control Circuits Manual control circuit – any circuit that requires a person to initiate an action for the circuit to operate. A line diagram may be used to illustrate a manual control circuit of a pushbutton controlling a pilot light. A line diagram may be used to illustrate the control and protection of a 1ϕ motor using a manual starter...
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...P2 Describe the different stakeholders who influence the purpose of two contrasting organisations. Introduction In this section I will be describing different type of stakeholders internal and external. Also explaining who they are and what they are, then contrasting them with two different companies NHS and Ford Motor describing what the stakeholders want from the chosen businesses and why the stockholders are useful. Stakeholder is a person who is in an organisation and is affected by the organisation in terms of strategy and project. Stakeholders can be internal or external at different levels e.g. Internal stakeholders are groups within a business such as owners and workers and external stakeholders are groups the outside a business such as suppliers and community. List of internal and external stakeholders and explanation of what they are and who they are: Customers: Customers want valuable and high quality products at an acceptable and average price. Employees: Their stake is that the company provides them good rates of reward and promotional opportunities. They also want a very good security of employments. Also they are concerned about their salary. Suppliers: Suppliers want to feel valued by the business and get regular orders and also get paid quick and on time. Owners: Owners mostly spend a lot of time and money on a business. Therefore shareholders or the owners like to see that their business is at a high rate of profit and increasing the...
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...for TATA Motors TATA motors are one of the leading motor vehicle producers in the world. TATA motors have strong background and reputation in the market. The company is working to strengthen its position in automobile industry by adopting different strategies. Following are the strengths, weaknesses, opportunities and strengths of TATA motors. Strengths TATA Motors is one of the leading companies in automobile industry with more than 70 years of experience. During this period it had produced more than 3 million vehicles which is huge achievement for the company. TATA motors have been expanding its business which is obviously requiring more workforces. Currently TATA motors employee base is 23,000 Approx. One of the strengths which is very visible in the industry and also beneficial for TATA motors revenue are low price vehicles and low fuel consumption. Due to TATA motors strong brand and quality vehicles it has good reputation in the industry. It is India largest automobile company with revenues of Rs. 35651.48 crores (USD 8.8 billion) in 2007-08. TATA motors are expanding its network in International market by aggressively acquiring foreign companies. TATA motors has been famous to introduce new vehicles, this is possible just because of the strong research and development. TATA motors also play active role in corporate and social responsibility. Weaknesses There are strings attached with every new invention and improvement on products. These strings are Tata Motors weaknesses...
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