...Legal Forms Of Business Susan Greene American Intercontinental University Busn 105 5/4/13 Legal Forms Of Business Susan Greene American Intercontinental University Abstract The main purpose of writing this document is to explain all of the legal forms of business and to also explain the three different organizations that there are in a company and all of the similarities and differences that are in each organization. Being an inventor the first order of business is that he needs to apply for a patent so that he has all the right to the invention. After getting the patent in place this will allow the invention to be protected and it also give the inventor the exclusive rights to sell his/her product, license for any further distribution without the consent of the inventor. Next the inventor needs to take into consideration the type of business that I want and why it would benefit people every day. To be able to do this the inventor needs to know all of the different types of businesses and to then decide which one that would be best to use for starting out, and also what strengths and weaknesses each type of business has. The first one is Sole Proprietorship and it would be a good choice for a person that is looking to start out from scratch but there is a lot of risk to doing that. It’s really easy to start up and it usually incorporates a skill, hobby or mindset that an individual or individuals might have. (Editorial Board, 2011, P.44). Even...
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...Functions of Management American Intercontinental University Abstract Being an Inventor with an idea to invent an Electrical House Mop, now needs to find an optimal approach of manufacturing process, which he can manage within the limitations of little knowledge and skills about finance and management. The Inventor has restricted availability of funds and also has little experience and skills of managing operational function, thus the Inventor needs to evaluate which manufacturing approach will be suitable for the business, such as all in-house manufacturing, only assembly or complete outsourcing. Among available alternatives and limitations associated with the Inventor the best option seems to be the complete outsourcing approach, which requires minimal investment, lower risk and high flexibility in changing product plans. The Inventor attempts to identify the probable manufacturing system and the functions of management for the new invention made. As the Inventor has little knowledge of financial and management skills the Inventor needs suggestions about appropriate manufacturing approach for new inventions where functions of the management can be applied effortlessly and effectively. Four prime functions of the management are considered to be planning, organizing, leading and controlling. Planning can be defined as numerous steps and task that the business...
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...in charge. This expedition was put into place to explore the Missouri River and find a good water route towards the Pacific. If a water route was found, the economy would benefit as trade with China would boost. Second in command on this expedition was William Clark. Lewis and Clark led approximately fifty men on the journey. Once they got into their expedition, they hired an interpreter and a guide who went by the name of Toussaint Charboneau. His wife had accompanied them on the trip after recently giving birth to a baby boy. Throughout this expedition, Jefferson wanted to place American sovereignty in the tribes throughout...
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...Women Inventors, What significant inventions( important parts of our lives) are women responsible for? Battery container Nancy Perkins 1986 Beehive Thiphena Hornbrook 1861 Canister vacuum Nancy Perkins 1987 Car heater Margaret Wilcox 1893 Circular saw Tabitha Babbit 1812 Computer program Augusta Ada Byron 1842 Cooking stove Elizabeth Hawk 1867 Dam and reservoir construction Harriet Strong 1887 Direct and return mailing envelope Beulah Henry 1962 Dishwasher Josephine Cochran 1872 Drinking fountain device Laurene O'Donnell 1985 Electric hot water heater Ida Forbes 1917 Elevated railway Mary Walton 1881 Engine muffler El Dorado Jones 1917 Feedback control for data processing Erna Hoover 1971 Fire escape Anna Connelly 1887 Globes Ellen Fitz 1875 Grain storage bin Lizzie Dickelman 1920 Improved locomotive wheels Mary Jane Montgomery 1864 Improvement in dredging machines Emily Tassey 1876 Improvement in stone pavements Emily Gross 1877 Kevlar, a steel-like fiber used in radial tires, crash helmets, and bulletproof vests Stephanie Kwolek 1966 Life raft Maria Beaseley 1882 Liquid Paper correction fluid Bette Nesmith Graham 1956 Locomotive chimney Mary Walton 1879 Medical syringe Letitia Geer 1899 Mop-wringer pail Eliza Wood 1889 Oil burner Amanda Jones 1880 Permanent wave for the hair Marjorie Joyner 1928 Portable screen summer house Nettie Rood 1882 Refrigerator Florence Parpart 1914 Rolling pin Catherine Deiner 1891 Rotary...
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...Elijah McCoy Elijah McCoy is a great African-American engineer and inventor who invented the lubrication system for the steam engine. Elijah McCoy was born on May 2, 1844. Elijah was born in Colchester, Ontario, in Canada. In McCoy’s older teen years, he invented the lubrication system for the steam engines. Over his lifetime he would invent many more inventions. McCoy would eventually receive over sixty patients for his inventions. He died at the age of eighty five, in Detroit, Michigan, on October 10, 1929. He is buried at a cemetery in Warren, Michigan. McCoy was born on May 2, 1844, in Colchester, Ontario, in Canada. McCoy’s parents were George McCoy and Mildred McCoy. Elijah was a African-American from a family of twelve children. He wa the...
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...development of basic technologies and ideas that laid the foundation for the invention of television. In the late 1800s, Paul Gottlieb Nipkow, a student in Germany, developed the first ever mechanical module of television. He succeeded in sending images through wires with the help of a rotating metal disk. This technology was called the ‘electric telescope’ that had 18 lines of resolution. Around 1907, two separate inventors, A.A. Campbell-Swinton from England and Russian scientist Boris Rosing, used the cathode ray tube in addition to the mechanical scanner system, to create a new television system. From the experiments of Nipkow and Rosing, two types of television systems came into existence: mechanical television and electronic television. MECHANICAL TELEVISION HISTORY In 1923, an American inventor called Charles Jenkins used the disk idea of Nipkow to invent the first ever practical mechanical television system. By 1931, his Radiovisor Model 100 was being sold in a complete kit as a mechanical television. In 1926, just a little after Jenkins, a British inventor known as John Logie Baird, was the first person to have succeeded in transmitting moving pictures through the mechanical disk system started by Nipkow. He also...
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...Wilkes University Project #1 Inventor and inventors Benjamin Franklin Franklin stove Fatemah Alhonayan Bifocal Eyeglasses Sultan Alqorashi Glass Armonica Saad Aldharman Lightning Rod Ibrahim Altari Group #7 Machine Design, ME 333 –A Dr. Edward Bednarz October 1, 2014 Benjamin Franklin Benjamin Franklin was born on January 17, 1706, in Massachusetts Bay Colony which is now known as Boston. He was the most famous American of his time. He was a writer, businessman, diplomat, musician, inventor, scientist, humorist, civic leader, international celebrity . . genius. However, Franklin was one of the most practical inventors in history and many of his creations are still in use today. He built many devices that were...
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...The American Industrial Revolution The American Industrial Revolution took place from the 18th to 19th century and was a period of movement towards industrialization and urbanization. According to the article Industrial Revolution, Britain was the birth place of this new revolution due to the invention of the spinning jenny, or “Jenny” for short, by the Englishman James Hargreaves. Samuel Slater, an English-American industrialist, is known as the “Father of the American Industrial Revolution.” Slater brought a version of the Jenny to the United States from Great Britain, effectively creating the first textile mills. By the time of his death, Slater owned thirteen spinning mills, which shows how successful industrialization of a new country was. The Manufacturer and Builder was a 26-part New York Journal that was first hand account of what was happening on the industry side of the revolution, meant for the citizens of the country explaining the importance of textiles and steam power. Before the Industrial Revolution, spinning and weaving were done at home for the family itself. The Jenny, after upgrades from countless inventors, changed the course of the economy. In the southern states the surplus of cotton proved beneficial; however, the seeds could not be removed from the cotton quickly enough for the Jenny. Inventor Eli Whitney created the cotton gin that made it possible to remove seeds from cotton about 60 times faster. This invention further boosted the boom in industry...
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...equally on a first-come, first-serve basis by Internet backbone owners. The Internet is neutral because itwas built on phone lines, which are subject to ‘common carriage’ laws. These lawsrequire phone companies to treat all calls and customers equally. They cannot offer extra benefits to customers willing to pay higher premiums for faster or clearer calls, a modelknows as tiered service. 2. Who’s in favor of network neutrality? Who’s opposed? Why? Those in favor of network neutrality include organizations like MoveOn.org, theChristian Coalition, the American Library Association, every major consumer group,many bloggers and small businesses, and some large Internet companies like Google andAmazon. Some members of the U.S. Congress also support network neutrality. Vint Cerf,a co-inventor of the Internet Protocol also favors network neutrality saying that variableaccess to content would detract from the Internet’s continued ability to thrive. This groupargues that the risk of censorship increases when network operators can selectively block or slow access to certain content. Others are concerned about the effect of slower transmission rates on their business models if users can’t download or access content in aspeedy fashion.Those who oppose network neutrality include telecommunications and cable companieswho want to be able to charge differentiated prices based on the amount of bandwidthconsumed by content being delivered...
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...has to be one of the most underappreciated figures not only in African American history but American history in general. If everyone was aware of this true American hero’s story, without question he would be a household name. The autobiography of John P. Parker is very well written and will have any reader on the edge of their seat throughout the entire book. The accounts of his experiences both as a slave and as a conductor of the Underground Railroad are extremely descriptive and would make any reader feel like they were right there with Mr. Parker feeling his pain, anger, pride, bravery, and even his humor. Although there are many themes that you can find in this book, we are going to focus on his bravery, cleverness, and freedom as the three themes to discuss. The first theme we are going to discuss is freedom. John Parker’s life includes many experiences that would influence his love and aspiration for freedom. At the young age of eight years old, he was sold and forced to walk from Norfolk, Virginia to Richmond, Virginia chained to an old man who would be whipped to death. “This experience set him on fire with hatred and desire to gain his freedom” (p.20). John Parker was owned by a doctor who had sons that would smuggle books to him. The doctor would also encourage Mr. Parker to learn the trade of iron molding. This situation would influence his aspiration for freedom because he had the ability to read and also knew the trade of iron molding and was fully aware of...
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...Introduction to Business Introduction to Business American International University Abstract The inventor wants to market his product. He has no knowledge in finance or management skills. He begins to gather information about what it takes to start a business. He learns it’s best to consult with a lawyer or an account about regulations, taxes, job offers and legal matters. The three different business organizations which are, sole proprietorship, partnership and corporation. Making the decision which organization would best help him succeed and serve his customers. Introduction to Business Starting a business is important to seek a lawyer or an accountant. Having knowledge on the legal forms of business will help the business owner with regulations for the locations were you would open his establishment, and how to prepare their yearly taxes. Research the location for information on the culture that occupies the area and know what kind of products they like and want. It would be beneficial for your customers and profitable for the business owner. Also by having a business in whatever location it will open up job opportunities for the people. (AIU Online Course Material) An inventor enjoys doing little jobs around the house by, cleaning, fixing minor repairs and remodeling. He has a product that he wants to market, but has very little knowledge on financial and management skills. He doesn’t have much money to start his business. He...
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...Nikola Tesla Who is Nikola Tesla? He is the greatest inventor, the futurist OR If I may say the greatest geek ever lived. Geeks stay up all night disassembling the world so that they can put it back together with new features, they abandon the world around them because they’re busy soldering together a new one. Over a hundred years ago, a Serbian-American inventor Nikola Tesla started fixing thing that weren’t broken. Nikola Tesla obtained around 300 patents worldwide for his inventions. Tesla had what’s known as photographic memory. He was known to memorize books and images and stockpile visions for inventions in his head. He also had powerful imagination and the ability to visualize in three dimensions, which he used to control the terrifying vivid nightmares he suffered from as a child. In 1882 Tesla began working for Thomas Edison. In 1885 Nicola Tesla claimed that he can fix the problem that Edison was having with his DC generators and motors. Edison offered him $50000 if he get problem solved. And when he did and asked for the money, Edison laughed him off and said “Tesla, you don’t understand our American humor.” Tesla resigned then and there. Nikola Tesla was best known for his design of the modern alternating current (AC) electricity supply system. He started working on AC after falling out with Edison. This ignited a feud with Edison, who at that time was trying to sell the world his DC system. Edison DC system required power plant every square mile and couldn’t...
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...(Refrence.com). He was very passionate about reading and taught himself in his early teens and then stopped in his 40’s to pursue other hobbies (Refrence.com). Benjamin Franklin liked to read, write, print, experiment, invent, debate, and travel (Refrence.com). Benjamin Franklin also played an important role in history (Biography.com). He purchased the Pennsylvania Gazette and played many more roles (Biography.com). He played a political role by representing Pennsylvania, signing the Declaration of Independence, and serving as an ambassador in the Revolutionary War at France (Biography.com). Since Pennsylvania was suffering, he organized a militia, trained his neighbors, and was elected as the colonial legislature (Harness 1-43). During the American Revolution, he helped outline the Declaration of Independence in 1776 and he arranged the Treaty of Paris in 1783 (History.com). In fact, he is also the only “Founding Father” to have signed 4 of the key documents to establish all these events like the Declaration of Independence, the Treaty of Alliance with France, the Treaty of Paris, and peace between Great Britain and the U.S. Constitution (History.com). He also secured the nation in financial and military aid for the breakaway republic (Miller 1-115). Without a doubt, Benjamin Franklin is most known in the world of science due to his invention of electricity (The Franklin Institute). He earned lots of fame for his experiments with electricity and his invention were very much needed...
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...Industries History: In 1821, Englishman, Julius Griffiths was the first person to patent a passenger road locomotive. In September, 1825, the Stockton & Darlington Railroad Company began as the first railroad to carry both goods and passengers on regular schedules using locomotives designed by English inventor, George Stephenson. Stephenson's locomotive pulled six loaded coal cars and 21 passenger cars with 450 passengers over 9 miles in about one hour. George Stephenson is considered to be the inventor of the first steam locomotive engine for railways. Richard Trevithick's invention is considered the first tramway locomotive, however, it was a road locomotive, designed for a road and not for a railroad. In 1812, he became a colliery engine builder, and in 1814 he built his first locomotive for the Stockton and Darlington Railway Line. Stephenson was hired as the company engineer and soon convinced the owners to use steam motive power and built the line's first locomotive, the Locomotion. In 1825, Stephenson moved to the Liverpool and Manchester Railway, where together with his son Robert built (1826-29) the Rocket. Colonel John Stevens is considered to be the father of American railroads. In 1826 Stevens demonstrated the feasibility of steam locomotion on a circular experimental track constructed on his estate in Hoboken, New Jersey, three years before George Stephenson perfected a practical steam locomotive in England. The first railroad charter in North America was granted...
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...I am studying bachelor of Accounting in Australia. Thomas Alva Edison (February 11, 1847 – October 18, 1931) was an American inventor and businessman. He developed many devices that greatly influenced life around the world, including the phonograph, the motion picture camera, and a long-lasting, practical electric light bulb. Dubbed "The Wizard of Menlo Park" (now Edison, New Jersey) by a newspaper reporter, he was one of the first inventors to apply the principles of mass production and large-scale teamwork to the process of invention, and because of that, he is often credited with the creation of the first industrial research laboratory.[1] Edison is the fourth most prolific inventor in history, holding 1,093 US patents in his name, as well as many patents in the United Kingdom, France, and Germany. He is credited with numerous inventions that contributed to mass communication and, in particular, telecommunications. These included a stock ticker, a mechanical vote recorder, a battery for an electric car, electrical power, recorded music and motion pictures. His advanced work in these fields was an outgrowth of his early career as a telegraph operator. Edison originated the concept and implementation of electric-power generation and distribution to homes, businesses, and factories – a crucial development in the modern industrialized world. His first power station was on Manhattan Island, New York. Thomas Edison was born in Milan, Ohio, and grew up in Port Huron, Michigan...
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