John D Rockefeller as a captain of Industry Essay

John D Rockefeller, founder of standard oil was a captain of industry, he was led to the path of efficiency through his mother and father when he was younger; this helped him grow into one of the biggest companies of the time. He soon started Standard Oil and became a billionaire. Despite the robber barren ways he got to the top, he got there and set a way for American corporations of the future. His father started him on the road to business, when John D Rockefeller was seven his father loaned him five dollars at high interest rates. However harsh this may seem this paved the way for John. He soon made the correct business choice to lead him to the top. He started doing small job around the neighborhood such as digging up potatoes and saved every cent. He soon learned the harsh ways of his father such as buying pound candy and selling it by the piece and by age, thirteen he was lending fifty dollars at compound interests. His mother led him on a path of efficiency, which would prove to be key to his career. His mother taught him the proverb that willful waste makes woeful want. Soon John was efficient on everything, how quickly he ate and hiring people to do the task, which he thought time consuming. One instant he saved 1.54 per oil barrel by just putting one less drop of sealant on each barrel. John D Rockefeller was a genius businessman. He had a natural knack for it. He reduced the competition by inventing new ideas such as quantity discount, where he would charge less if the customer bought more. This way he could make people buy his oil instead of competitors because it seemed cheaper, and he was making the customer buy more because it seemed like a good deal. Rockefeller also saved money by demanding lower transportation costs, which he could do because he was dominating the business and without him, there would be no business. Soon his competitors were paying five times as much in transportation costs. Rockefeller at one point just eliminated the competition. He purchased his competitors to ensure he would undercut his competitors’ prices. It helped kerosene drop from 58 cents to 26 from 1865 to 1870. Rockefeller also started the Standard Oil Trust. A trust is a business combination in which a single board of trustees controlled a group of member corporations. He came up with it to efficiently control the  companies he had acquired. However soon this practice was seen as illegal and unfair because he dominated the market and could subject the customers to any price he decided, yet it was still ingenious. Not only did John D Rockefeller come up with creative new ideas that helped him to become more efficient and eliminated his competitors, which made him the largest and richest company but he also adjusted to the times. When a Dartmouth professor found a way to refine the oil he quickly jumped on the market. Soon the internal combustion engine was invented and Rockefeller ordered the production of gasoline and machine oils immediately and they were ready for mass production by the time the first car was reveled in 1887 John D Rockefeller was a captain of industry and he deserves the title. He was an ingenious man who set up the way for big American cooperations of the future. Standard Oil was used all over the world from India to Africa. By 1878 alone, he had control ninety percent of he held ninety percent of the oil refining capacity in the United States alone. No man had ever been able to reach Rockefellers fortune at his peak. Clearly, John D Rockefeller is the ultimate captain of industry.

Characters and Plot in the Black Gold Essay

It is not so frequent to find a novel written with an animal as the main character and the story revolving primarily around him. Nevertheless, there are writers like Marguerite Henry who writes animal stories with so much fascination and passion, one of which is the Black Gold. It was based on true-to-life experiences set during the early 1990s in Oklahoma and Kentucky. Mixing her vast knowledge about the topic and her creative talent in writing, Marguerite Henry was able to weave a story with extraordinary characters confronted with extraordinary conflicts. Brief Summary The story evolved in the story of a colt named Black Gold, following his adventures being a race horse. He was regarded by many as weak and not good in racing since he possesses a smaller body compared to other horses. But through the help of his trainer Hanley Webb and rider Jaydee Mooney, the colt started to win and finally gained victory in the Kentucky Derby. His success continued to flourish until he got injured in one of the races he joined. His leg got a quarter crack. Eventually, the colt died. Black Gold was given a burial in the middle of a field in New Orleans. Analysis of the Characters Being an animal is not a reason to live a life less simple. It is very much evident in the story of Black Gold. His life is consisted of complex occurrences that can be considered as more intricate when compared to lives of other people. His birth was a product of a dream. Al Hoots, the owner of Black Gold’s mother named U-See-It, dreamt that if he will breed U-See-It to a leading sire, the mare shall give birth to the horse that will win in the Kentucky Derby. As a result, Hoots tried to mate U-See-It to a stallion named Black Toney. The money Hoots used came from the oil that during that time was being excavated from their land in Oklahoma. Here is where the name Black Gold originated. Among the individuals who imparted time and dedication to Black Gold was his rider Jaydee Mooney. Jaydee Mooney was the one who initially believed in the capacity and talent of Black Gold: â€Å" †¦us Mooneys always try. We do our best†¦Ã¢â‚¬  ( p. 108). However, his spirit was pushed into limits when Black Gold got injured several days before the Derby: † †¦ It was the first loss for the team of Black Gold and Jaydee Mooney. Was it the soreness in his foot showing up again-the same trouble he’d had the week before the Derby? †¦ † (p. 143). Nevertheless, Jaydee Mooney proved to be not only as a rider but a friend as well to Black Gold, especially when the horse died. Analysis of the Plot Since the book was based from true stories and actual experiences, Marguerite Henry wrote it by narrating events in chronological order. Although written in this manner, the book is not boring and dragging to read. It is because the plot itself is a compelling one that catches and drawn immediately the attention of its readers. She used literary devices so as to show her creativity and mastery in handling and writing a topic such as that presented in the book. Henry was also successful in presenting transition of events. Every chapter in the book promises a more interesting and intense happenings from previous events and chapters. In addition, Henry was effective in inflicting transitional devices that guide the readers while reading. The use of illustrations in the book helped in the proper interpretation of events in the story since the readers will be carefully guided while going on through the story. However, the use of these illustrations somehow gives an impression that Black Gold is a children’s book. But all in all, the story’s plot, as well as the book in general, was a well- crafted depiction of an extraordinary tale. Reference Henry, M. ( 1957). Black Gold. Illinois: Rand McNally

Aunt Ellas Pie Company Case Study - 1255 Words

This paper will look at how Aunt Ella’s Pie Company can avoid violating any legal laws through Human Resource Manager’s creating policies resulting in best practice. The EEOC is responsible for enforcing federal laws that make it illegal to discriminate against a job applicant or an employee because of the person s race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age (40 or older), disability or genetic information (U.S. EEOC, 2014). Therefore, Human Resource Manager (HRM) has the task of ensuring the business complies with business legal laws and avoiding lawsuits. Introduction Ella-Jane Moore, owner and baker for Aunt Ella’s Pie Company established five (5) years ago. Ella,†¦show more content†¦HR should review and approve terminating employees to ensure that fair procedures performed. Unionized Employees Employee-employer relationship regarding employees who are members of a union will have union representation to warrant a cause versus a non-union employee when it comes to employment-at-will doctrine. The bakers, sales staff and warehouse workers would have the right to have union negotiate their employment. While the union members will have security when it comes to pay, hours, work compensation, employees are subject to termination due policy violation as the cause as justification. Since Aunt Ella’s Pie Company has employees working seven (7) days and fifty (50) hours a week, during busy times, the business faces possible allegation of unfair practices in wages. Employee must receive wages for each day worked and at time and a half above 40 hours per week. A lawsuit will cost the company a larger settlement due to violation of failing to issue overtime pay, then if the employees received proper wages. Harassment and Discrimination Companies should include freedom from discrimination from recruiting, to hiring and during employment on the application, in the policy handbook and as staff meetings. Consequently, diversity in the workplace allows businesses to meet the needs of the customers as diversity is not just the rightShow MoreRelatedAunt Ellas Pie Company Case Study1820 Words   |  8 PagesAunt Ella’s Pie Company Introduction This paper will look at how Aunt Ella’s Pie Company can avoid violating any legal laws through Human Resource Management creating policies resulting in best practice. The EEOC is responsible for enforcing federal laws that make it illegal to discriminate against a job applicant or an employee because of the person s race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age (40 or older), disability or genetic

Die Lorelei by German Poet Heinrich Heine

Heinrich Heine was born in Dà ¼sseldorf, Germany. He was known as Harry  until he converted to Christianity when he was in his 20s. His father was a successful textile merchant and Heine followed in his fathers footsteps by studying business. He soon realized he did not have much aptitude for business and switched over to law. While at the university, he became known for his poetry. His first book was a collection of his travel memoirs called Reisebilder (Travel Pictures) in 1826. Heine was one of the most influential German poets in the 19th century, and German authorities tried to suppress him because of his radical political views. He was also known for his lyrical prose, which was set to music by classical greats, such as Schumann, Schubert, and Mendelssohn. The Lorelei One of Heines famous poems, Die Lorelei, is based on a German legend of an enchanting, seducing mermaid who lures seamen to their death. It has been set to music by numerous composers, such as Friedrich Silcher and Franz Liszt.   Here is Heines poem:   Ich weiss nicht, was soll es bedeuten,Dass ich so traurig bin;Ein Mà ¤rchen aus alten Zeiten,Das kommt mir nicht aus dem Sinn.Die Luft ist kà ¼hl, und es dunkelt,Und ruhig fliesst der Rhein;Der Gipfel des Berges funkeltIm Abendsonnenschein.Die schà ¶nste Jungfrau sitzetDort oben wunderbar,Ihr goldenes Geschmeide blitzet, Sie kà ¤mmt ihr goldenes Haar.Sie kà ¤mmt es mit goldenem KammeUnd singt ein Lied dabei;Das hat eine wundersame,Gewaltige Melodei.Den Schiffer im kleinen SchiffeErgreift es mit wildem Weh;Er schaut nicht die Felsenriffe,Er schat nur hinauf in die Hà ¶h.Ich glaube, die Welllen verschlingenAm Ende Schiffer und Kahn;Und das hat mit ihrem SingenDie Lorelei getan. English translation (not always translated literally): I dont know what it meansThat I am so sadA legend of  bygone daysThat I cannot keep out of my mind. The air is cool and night is coming.The calm Rhine courses its way.The peak of the mountain dazzlesWith evenings final ray.The fairest of maidens is sittingUp there, a beautiful delight,Her golden jewels are shining,Shes combing her golden hair.She holds a golden comb,Singing along, as wellAn enthrallingAnd spellbinding melody.In his little boat, the boatmanIs seized by it with a savage woe.He does not look upon the rocky ledgeBut rather high up into the heavens.I think that the waves will devourThe boatman and boat in the endAnd this by her songs sheer powerFair Loreley has done. Heines Later Writings In Heines later writings, readers will note an increased measure of irony, sarcasm, and wit. He often ridiculed sappy romanticism and over exuberant portrayals of nature. Though Heine loved his German roots, he often critiqued Germanys contrasting sense of nationalism.  Eventually, Heine left Germany, tired of its harsh censorship, and lived in France for the last 25 years of his life. A decade before he died, Heine became ill and never recovered. Though he was bedridden for the next 10 years, he still produced a fair amount of work, including work in Romanzero und Gedichte and Lutezia, a collection of political articles. Heine did not have any children. When he died in 1856, he left behind his much younger French wife. The cause of his death is believed to be from chronic lead poisoning.

Rhetorical Analysis Of John F. Kennedys Call To Action

The 1960’s was a period of America enriched of political and social tension that included issues regarding the Cold War, the Civil Rights Movement the Vietnam War, race, gender, the Vietnam war, and sexual orientation. During this era, the Baby Boomer generation sought out to challenge the status quo of the current government policy by protesting against these issues. From hippies to teddy boys, they opposed the existing conditions in the United States that have emerged as contentious reasons to warrant public outcry. Amidst this conflict, when John F. Kennedy (who ran against Republican Richard Nixon) was inaugurated as the 35th president of the United States on January 20th, 1961 he delivered his â€Å"call to action† speech. With carefully†¦show more content†¦By using these patriotic words, this caused Kennedy to evoke pathos throughout his speech. His primary goal was to influence the American people’s feelings by inspiring his citizens to be proud of living in the United States, even if there were numerous conflicts in the present day. Furthermore, John F. Kennedy requested unification of conflicting sides in America in his speech. At the time, the country was heavily divided on social and political issues, such as race, the Vietnam War, and sexual orientation. Kennedy attempted to reach every citizen by emphasizing that it’s imperative everyone must stay united in these trouble times. Kennedy proclaimed, â€Å"Divided there is little we can do--for we dare not meet a powerful challenge at odds and split asunder,†. By using his authority, Kennedy indirectly used ethos by commanding the country to stay united. Since there cannot be any significant steps made if the whole nation is separated, Kennedy stressed that everyone must stay unified. The use of diction in this passage accentuated that this is a significant order. Regarding division, Kennedy asserted, â€Å"we dare not meet a powerful challenge at odds a nd split asunder†. Kennedy’s use of â€Å"dare† represents the significance of staying together, because a country divided is consequential to every side of the argument. His archaic languageShow MoreRelatedEssay about John F. Kennedy Analysis704 Words   |  3 Pagesï » ¿Leah Moore JFK Inaugural Address Analysis President John F. Kennedy gave his inaugural address on a January afternoon in 1961. His speech includes many rhetorical devices—included to help convey Kennedy’s subject to his audience. The subject is that human rights are determined by God, rather than the government. Some rhetorical devices Kennedy uses are parallelism, anaphora, and hortative sentences. John F. Kennedy’s use of rhetorical devices within his inaugural address help him convey his messageRead MoreThe Inaugural Address Of John F. Kennedy1441 Words   |  6 PagesAddress of John F. 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What is needed is a text that will give a good idea of the breadth and complexity of this important subject, and this is precisely what McAuley, Duberley and Johnson have provided. They have done some sterling service in bringing together the very diverse strands of workRead MoreDeveloping Management Skills404131 Words   |  1617 Pages Management—-Study and teaching. 2. Management—Problems, exercises, etc. Kim S. II. Title. HD30.4.W46 2011 658.40071 173—dc22 I. Cameron, 2009040522 10 9 8 7 6 5 4 3 2 ISBN 10: 0-13-612100-4 ISBN 13: 978-0-13-612100-8 B R I E F TA B L E O F C O N T E N T S Preface xvii Introduction 1 PART I 1 2 3 PERSONAL SKILLS 44 Developing Self-Awareness 45 Managing Personal Stress 105 Solving Problems Analytically and Creatively 167 PART II 4 5 6 7 INTERPERSONAL SKILLS

Management Best Way to Manage

Question: Write about theManagementfor Best Way to Manage. Answer: The area of management is a very vast area. In recent times, organizations have realized the importance of management and leadership. With the forces of globalization, Internet and e-commerce, organizations have expanded in different parts of the world. The differences in the cultures has further shifted the focus on effective management. Therefore, it is important that the organizations should be in strong hands. the senior people or the leaders should be able to manage the team and employees in an effective and efficient manner as employees productivity could be directly linked with the leadership or management. There are various ways to manage a team. The manager or the leader can use autocratic style or democratic style (Carriger, 2016). The leaders can also use servant leadership or situational leadership. There is true difference between leading and managing and being able to see how this could negatively affect the individuals in the team can determine the success of organizat ions. The initial research suggests that the best way to manage the team depends on number of factors. The best way to manage depends on the expectations of employees, perception of investors, the financial condition of the organization, market and industry conditions, etc. Today, the focus of managers is on decision making as often, tough decisions have to be made (Costanza Groot, 2014). There has to be tough decisions made in order to ensure safety for all employees including managers. Everyone should be on board and make choices that are for the best and offers a better solution to the problems at hand.When a change has to come quick, sometime management fails at its attempt to implement the change correctly. The ways to manage can entirely depend on the personality of leaders. That is a difficult question for me, I want to be a leader I believe I can be a very successful leader. I unfortunately tend to manage more often than not. I need to learn to trust my team to make the decisions and to manage themselves. Being both overwhelms me and I feel like I forget to cover everything when I try to do everything. I am learning as I go through the courses how to be successful at both and to choose one or the other and to stick with my choice.Simply stated, it can be said that the best way to manage is one where employees could see themselves engaged. The best way to manage can entirely change among different corporations. The large organizations like Wal-Mart may not be in a position to give complete freedom to employees. However, a small organization or a start-up can do that. Likewise, the organizations like Apple, that gives complete focus on employees innovation may want to manage employees differently than Wal-Mart that gives complete focus on processes and procedures (Carpenter Berry, 2014). In fact, within an organization itself, the best way to manage can differ. There could be some leader that wants to manage its team in a more open way and at the same time, there could be some leader who prefer close system over open systems. Therefore, it can be said that there are number of internal and external factors that could decide the best course of management. an intelligent manager is one who is always flexible and open to change. A smart manager is one who can change his or her management style based on the team, organization, industry and expectations of different stakeholders. There are various ways to manage and there can be few ways to manage best. The leaders need to understand the best way to manage; however, the best way can differ. For example, in a difficult situation, some leaders would feel that situational leadership is best; while some other can feel that charismatic leadership is best. I personally believe that the best way to manage includes collaboration and integration with the people. The mechanism of feedback is also an integral part of best management skills (Antonakis House, 2013). The most valuable co-workers I have are those who will give me honest feedback. That may mean waiting till they can pull me aside--no one wants to be called out in front of a crowd! I also find that as relationships develop you get a sense from friends when you are stepping out of the box and can pull back your foot before it is too late. I have had the experience of feeling someone's unease with where I was going without them even saying anything. I was able to modify my behavior and in retrospect they were right and I was headed in the wrong direction. When I find people like that I latch on to them and try to build the relationship to benefit us both. Van der Voet (2014) argued that directive style of decision making could be the best management style. If the rules and the procedures are followed, then then time and money can be saved. but the biggest issue in this style of decision making is that rarely does the leader have all the pertinent information to make an effective decision. Other negative point is that the managers rely on their own information, knowledge, experience and judgment. One thing that comes to my mind about management is that leaders should not focus on micromanagement. Hokka Vahasantanen (2014) argued that that micromanagement is a sign of poor leadership. At times expectation setting, may seem like micromanagement but they are separate. Set out the expectations in as much detail as you like but a manager cannot control every detail of what people do. Managers have to set goals around measurable data, measure the data, and hold people accountable for how they measure up. This is often quite difficult to do. In contemporary business environment, the biggest measure of good manager is how the manager interacts with the employees. There are other important things like knowledge, time management, etc., but that bedside interaction is key. It is also very difficult to measure and very difficult to micromanage. There are managersand leaders that don'tunderstand or care about employees or followers needs, and choose not to understand them. Ethical decision makingand not abusingones power can create a positive climate and culture. For me personally, it is very difficult to understand how someone can be so inconsiderate and unprofessional to mess with another person lively hood without letting them know. Sometimes people allow personal opinions, or personal issues make their decisions for them.Working with leaders and managers that use these tactics can not only be challenging but unhealthy. As leaders and managers, we encounter different problems with different group of people. I think it is easy to use the authoritative style or directive style when the there is only one person who decides or if the decision maker has the power to make the decision. When there are facts, and rules and procedures to follow then managers can adopt descriptive style. In emergency situations, it is wiser to use authoritative style. Bolino Klotz (2013) argued that the best management style is one that includes various stakeholders while making any decision. A good or a best manager is one who looks after the interest and expectations of all the stakeholders. As a manager, I try very hard to take into account all perspectives, stakeholders, clients, mission and vision of the department and encourage and allow individuals to participate in the decision making in the office. We have over the past two years, had several meetings focused solely on gaining individuals feedback, creating a collab orative, innovative and experimental atmosphere and encouraging others to speak up and make the changes they believe would support the overall mission but allow for a happier work environment (Mohelska Sokolova, 2015). A combination of analytical and conceptual personal decision-making styles applies in this situation. In the analytical style, managers consider complex solutions based on as much data as they can gather. In a nut shell, it can be said that the style of management should be left open to managers (Newman Miao, 2016). There can certainly be more than one may to manage best. However, it is the dynamics between the managers and employees that should determine the best way of management. The leaders and managers can also learn from the style of other leaders. However, they should also give considerations to various internal factors when it comes to best suited style. References Antonakis, J. and House, R.J., 2013. The full-range leadership theory: The way forward. InTransformational and Charismatic Leadership: The Road Ahead 10th Anniversary Edition(pp. 3-33). Emerald Group Publishing Limited. Bolino, M.C., Klotz, A.C., Turnley, W.H. and Harvey, J., 2013. Exploring the dark side of organizational citizenship behavior. Journal of Organizational Behavior, 34(4), pp.542-559. Carriger, M.S., 2016. What is the best way to develop new managers? Problem-based learning vs. lecture-based instruction.The International Journal of Management Education,14(2), pp.92-101. Carpenter, N.C., Berry, C.M. and Houston, L., 2014. A meta?analytic comparison of self?reported and other?reported organizational citizenship behavior. Journal of Organizational Behavior, 35(4), pp.547-574. Costanza, R., de Groot, R., Sutton, P., van der Ploeg, S., Anderson, S.J., Kubiszewski, I., Farber, S. and Turner, R.K., 2014. Changes in the global value of ecosystem services.Global Environmental Change,26, pp.152-158. Hokka, P. and Vahasantanen, K., 2014. Agency-centred couplinga better way to manage an educational organization?.International Journal of Leadership in Education,17(2), pp.131-153. Mohelska, H. and Sokolova, M., 2015. Organisational culture and leadershipjoint vessels?.Procedia-Social and Behavioral Sciences,171, pp.1011-1016. Newman, A., Miao, Q., Hofman, P.S. and Zhu, C.J., 2016. The impact of socially responsible human resource management on employees' organizational citizenship behaviour: the mediating role of organizational identification. The International Journal of Human Resource Management, 27(4), pp.440-455. Van der Voet, J., 2014. The effectiveness and specificity of change management in a public organization: Transformational leadership and a bureaucratic organizational structure.European Management Journal,32(3), pp.373-382.

Nafta And Globalization Essays (652 words) - Economy,

Nafta And Globalization Globalization over the past twenty has become an issue in many countries. This industrialization of second and third world countries by Western Civilization creates many opportunities for the inhabitants. Not only does it expand trading markets, but also promotes productivity and efficiency; thus improving the country and integrating it into the industrial world. This process not only benefits third world counties, but also industrialized nations by allowing them to export goods to the developing world and increase their profit margin. East Asia and Latin America seem to benefit most from this. The East Asian economy has developed the fastest with an annual growth of nearly 8 percent (Stand 43 4). This has been achieved through maintaining economic stability and production output. However, western influence in some ways has harmed the culture within these countries, many of them now talk of returning to their roots through Asianization or Islaminization. Many of these people feel that western influence has stripped away values and hindered their cultural growth. With the rise of international industries such as McDonalds, Wal-Mart and K-mart western culture has invaded the world in an attempt to ?modernize? these countries that could very well do with out. CEO's may think that they are helping by providing jobs and easy access to goods, but with this help there is also the price of destroying values and exploiting workers. They attempt to Americanize these people and enforce our values upon them. With the rise of industrialization, the question of free trade has arisen. Free trade is the elimination of taxes, tariffs and quotas over international borders. The North American Free Trade Agreement (NAFTA), consisting of Mexico, the USA and Canada, creates the largest free-trading zone in the world (Stand 51 1). Does NAFTA help or harm an economy is one of the most poignant questions? The Mexican economy seems to benefit from NAFTA through increased trade of Mexican made products and the availability of more jobs to the Mexican people; however, along with benefits comes a downside. Many American companies have taken advantage of NAFTA and moved production plants to Mexican because there they can exploit the workers. Many companies pay less than 1 dollar an hour in unsafe and unsanitary conditions. While these American companies benefit from NAFTA, the American workers suffer. As a result of large companies moving production plants to Mexico, thousands of American laborers are laid off, often with no benefits or compensation. Many American companies deny the moving plants to Mexico in an effort to evade the Labor Department. One city that has suffered the most is El Paso, Texas. The majority of its workers are willing to accept minimum wage, the average unemployment rate is 11.7 percent and has lost more than 5,600 jobs to Mexico (Stand 57 8). An example of this is Johnson & and Johnson, who laid-off 110 workers and moved to Mexico. The company claimed that they did this because all their competitors had left because of NAFTA (Stand 58 7). To conclude, while NAFTA helps the Mexican economy and American businesses, it harms workers in both America and Mexico; whether, it is through job loss or exploitation. While I don't believe that America needs to become a protectionist nation-sate, I do believe by allowing this to happen we are harming our citizens. I do believe we should help developing countries has long as it doesn't interfere with the lives and jobs of the American people; unfortunately, NAFTA does interfere and I believe should be disbanded. Works Cited STAND: Contending Ideas and Opinions. World Politics, edited by Marc Genest, copyright 1999, Coursewise Publishing, Inc. Boulder CO. Bibliography Works Cited STAND: Contending Ideas and Opinions. World Politics, edited by Marc Genest, copyright 1999, Coursewise Publishing, Inc. Boulder CO. Works Cited STAND: Contending Ideas and Opinions. World Politics, edited by Marc Genest, copyright 1999, Coursewise Publishing, Inc. Boulder CO. Political Science