Fords Assembly Line Building Technique - 1489 Words

Cars have always been a big deal in the United States. Ever since Henry Ford invented his Model T in 1908, the automobile industry in the United Sates has continued to grow (â€Å"Henry Ford Changes the World,† 2005). While Ford was not the original inventor the automobile, he created the first automobiles that were affordable, easy to drive and maintain, which made it possible for everyday people to own cars. Ford’s assembly line building technique became the benchmark for all the big auto manufactures of that day (â€Å"Henry Ford Changes the World,† 2005). Ford, General Motors, and Chrysler soon became known as the â€Å"Big Three† American automobile companies (Foner Garraty, 1991). While the automobile industry has immensely grown and changed from the early 1900’s to now, it continues to be at the forefront of industries creating environmental concerns worldwide. Issues currently being faced by the American Auto Industry include: havin g to handle tough global competition by foreign automakers, figuring out how to incorporate new technology to power vehicles (such as electric or ethanol run cars), and having to face new higher government and consumer quality and environmental standards. Like every other industry, the automobile industry in the United States is susceptible to competition. The biggest global contender to the US Automobile Industry is the Japanese Automobile Industry. Trade agreements have been in place since 1995, that make replacement parts for JapaneseShow MoreRelatedFords Effect On Manufacturing Industry1438 Words   |  6 Pagesthe automobile but his introduction of the Model T automobile revolutionized transportation and American industry, his inventions are still marveled in the modern world today. Henry Ford installed the World’s first moving assembly line in December 1913. Ford and the assembly line improved work conditions, revolutionized production and revolutionized American so ciety. Ford’ effect on manufacturing reaches worldwide. Prior to the Industrial Revolution people were largely self-reliant, but the industrialRead MoreHenry Ford s Lasting Legacy1483 Words   |  6 PagesHenry Ford’s Lasting Legacy â€Å"Any customer can have a car painted any colour that he wants so long as it is black.† (Henry Ford). Henry Ford is one of the world’s most renowned leaders for the automobile industry. The son of a farmer, Ford has always been interested in how things worked. He has improved the models of his cars to make manufacturing them faster and more efficient by using assembly lines. He also set a balance between his employees’ wages and hours worked. Ford never stopped innovatingRead MoreHenry Ford : The Most Impactful Industrialist1450 Words   |  6 Pageseveryday life. These innovators are a reason we have so many good things in this world, and one of those innovators is named Henry Ford. Henry Ford is one of the foremost developers of the American society. Henry brought the idea and concept of an assembly line to the light. He also brought the machine of an automobile to the world. He did not necessarily invent those things, but as an innovator he made sure thes e things would be apart of the daily life. It is easy today to even see how big of impactRead MoreEssay about The American Economy1358 Words   |  6 Pagesproduced a few handmade cars, predominately sold to the rich. In America almost all of the producers were assemblers who put together components and parts that were manufactured by separate firms. The assembly technique also lent itself to an advantageous method of financing. It was possible to begin building motor vehicles with minimal investment of capital by buying parts on credit and selling the finished cars for cash; the cash sale from manufacturer to dealer has been integral in the marketing ofRead MoreAutomobile Industry : The World s Largest Manufacturing Activity783 Words   |  4 Pagesstudied (under the sponsorship of IMVP, international motor vehicle program) the techniques followed by the Japanese automobile industries over the years. They revealed the secret of their study presenting the new method which optimi zes a whole production system, which includes from suppliers of parts to sales and marketing, which can offer the great advantages over the mass production technique and craft production techniques and other traditional methods of manufacturing and supplying automobiles. Read MoreHenry Ford : An American Industrialist Essay935 Words   |  4 PagesHenry Ford Entrepreneur Background Biography Henry Ford, was an American industrialist, was born on July 30, 1863 in Wayne County, Michigan. (Biography) He’s the founder of the Ford Motor Company, and the sponsor of the development of the assembly line technique of mass production. (wiki) He was raised in his family’s farm near Dearborn, Michigan. Ford demonstrated mechanical ability and leadership qualities when he was young. He organized other boys to build water wheels and steam engines. Also heRead MoreFord Motor Company Essay1149 Words   |  5 Pagescautious Shareholder value and customer responsiveness Auto industry is increasingly competitive, especially with the introduction of foreign based manufacturers Need to improve quality and reduce cycle times while lowering the costs of developing and building cars Take advantage of size and global presence Technology has been employed to connect teams that may be on different continents to interact as if they are in the same room. A public internet site has be en established Extranet is possible , potentiallyRead MoreHenry Ford An Ethical And Visionary Leader2016 Words   |  9 PagesVisionary Leader Imagine a world absent of automobiles and public transportation, no way to get from one place to another, in this day in age this would be a hard realization for most people to accept. If not for Henry Ford’s innovative approach in the advancement of the assembly line this could have been out destiny. Henry Ford revolutionize the automobile industry through his visionary and ethical leadership. I too am a visionary and ethical leader and apply many of the same principles in my leadershipRead MoreAnalysis Of Malcolm Gladwell s Outliers 962 Words   |  4 Pagesalways based on the external factors that affect our lives. My life is a pure example that perseverance through difficult times and setbacks with any individual means that we can still succeed. In the majority of people today, the general view of the building blocks to success are within the personality and character of the individual. Contrary to popular belief, Gladwell asserts in his book â€Å"Outliers† that an individual’s success is shaped by the external forces in which certain individuals are grantedRead MoreThe United States And The World War II1553 Words   |  7 Pagesautomobile industry, whose participants had mastered the industrial production process to churn out 50 million units in 35 years since the turn of the 19th century. These industrial builders helped the American industry go from negligible arms output to building an arsenal of weaponry then unmatched in human history. Their out-production was an epic achievement of American business and directly helped the United States and its allies win World War II. They empowered the United States to become the world’s

Why Does Iago Do The Things He Does - 856 Words

Why Does Iago Do the Things He Does? Iago is a fictional character in Shakespeare s Othello. Being the play s main antagonist, Iago is also the Ancient of General Othello as well as the husband of Emilia, the handmaiden of Othello s wife Desdemona. Throughout the play, Iago schemes and plants fake evidence of Desdemona’s â€Å"affair† with Cassio, Othello’s righthand man. The question on my mind is, why would Othello do all of this? First of all, there is a fair chance that Iago does this because Othello did not give him Cassio’s position as second-in-command. In one of the first moments of the play, Iago states, â€Å"Despise me If I do not. Three great ones of the city (In personal suit to make me his lieutenant) Off-capped to him, and by the faith of man I know my price, I am worth no worse a place. But he (as loving his own pride and purposes) Evades them with a bombast circumstance Horribly stuffed with epithets of war, And in conclusion Nonsuits my mediators. For â€Å"Certes,† says he, â€Å"I have already chose my officer.† And what was he? Forsooth, a great arithmetician, One Michael Cassio, a Florentine† (Act I Scene I) One of the first lines Iago even says is that he hates Othello. My first thought when considering this reason would be, is not being appointed second-in-command enough for him to do what he does? It’s completely possible because later in the play, he gets Cassio drunk and tricks him into attacking Roderigo and Montano, the governor of Cyprus beforeShow MoreRelatedOthello Questions1696 Words   |  7 Pagesfirst speech it appears that he paid Iago for something? Can you tell what it is? So that he will help win over Desdemona’s heart 2. Iago say he hates Othello for what reason? Iago hates Othello because he didn’t get the promotion and Michael Cassio did and Iago thinks he is the one who deserves it 3. What does Iago say of Cassio? Iago says that Cassio is undeserving as he has no experience and only has book knowledge 4. What two kinds of followers are there, according to Iago? The loyal who will followRead MoreTheme Of Jealousy In Othello1509 Words   |  7 Pagesdoing what he does best, manipulating everyone and getting them to do his dirty work. Jealousy plays a big role within the play, and influences almost every decision made by each character at some point in the play. Sadly, the decisions made due to the characters being jealous are mostly bad, the play mainly shows how jealousy affects Iago, Othello, and Roderigo. Iago at some point gets each character to believe everything he has to say and talks them into doing anything he wishes them to do all forRead MoreThe Snake: Iago in Othello Essay1248 Words   |  5 Pagesit should be stolen back. In this case, the things being stolen are eyes. The second part â€Å"makes the whole world blind† means that revenge will not solve problem. Instead, it creates problems. In Othello, the evil Iago manipulates Othello into ruining his own life in the name of revenge. He tells Othello that his wife, Desd emona, is cheating on him. He presents Othello fake evidence time and time again until he is convinced. Othello is so angered that he murders his own wife, who has done nothingRead MoreShakespeares Use of Language to Show Othellos Changing State of Mind1627 Words   |  7 Pagesalso says: Assure thee if I do vow a friendship, Ill perform it to the last article. This also demonstrates her loyalty, and that shed die before break a friendship. This is dramatically effective, being at the beginning of the scene because all through the scene Othello is seen thinking and talking about how disloyal she is. It also makes the tragedy at the end of the play more awful, as the audience knows she really is innocent. Iago then cunningly preys on theRead MoreOthello by William Shakespeare1389 Words   |  6 PagesRebellious hero? Iago has been frequently judged as an evil villain for the meticulous acts he makes after Othello betrays him. Though he was never a murderous villain until his downfall he is unfairly viewed as the antagonist in the play. Since the commencement Iago was an honest military man who never wronged anybody up until they wronged him. He was stripped of a military promotion he had been looking forward to accepting by Othello the general and not only this he was also informed thatRead MoreWilliam Shakespeares Othello629 Words   |  3 Pagescharacter, Iago. Iago’s selfishness is what ultimately drives him to manipulate the people around him. Initially Iago manipulates a character by the name of Roderigo. Roderigo is a Venetian gentleman that is in love with the wife of Othello, Desdemona and will do whatever it takes to win her over from Othello. Roderigo who is oblivious to the idea and fact that Iago is manipulating him to achieve his goal of getting revenge against Othello. Iago’s first implication of manipulation occurs when he advisesRead MoreIago Is Not Evil1476 Words   |  6 Pagesthat one does hurtful things to other citizens for the pure enjoyment of themselves. Hitler, Stalin and Napoleon are all leaders, who undoubtedly can be stated as evil. In William Shakespeare’s tragedy Othello, the character Iago is considered evil. It is argued though that he is not evil, just simply a human. Iago throughout the play becomes insecure over his decline in power leading him to become jealous and get revenge on those who contributed to this feeling of self-doubt. Though Iago at timesRead MoreWilliam Shakes peare s Othello 957 Words   |  4 Pagespresented in Shakespeare s literature the most sinister one is without a doubt Iago. He is a ruthless sociopath. No other character can even come close to his evil. Most of the antagonists present in Shakespeare s plays have valid reasons for the troubles the cause. Iago doesn t for the most part he just has a burning hatred for the world especially Othello. Iago is the whole reason there is any conflict in Othello . If he never had entered the play Othello would have married Desdimonia and they wouldRead MoreShakespeare s Othello - Iago And Emilia889 Words   |  4 PagesIago and Emilia â€Å"A liar begins with making falsehood appear like truth and ends with making truth itself appear like falsehood,† said William Shenstone. This I believe to be so, in the story Othello, Iago was conceived as the most dishonest individual in the plot. Iago played mind games on everyone without them even knowing. Iago is like a snake, he first deceives Othello by turning him against his wife Desdemona. Iago then proves his theories with Desdemona sleeping with her longtime friend CassioRead MoreEssay on The Trials of Othello934 Words   |  4 Pagestrials, Iago though not always the judge tries to be the puppet master. He does this by focusing on each characters fatal flaw. nbsp; nbsp;nbsp;nbsp; In the play the three main trails go as follows. First there is Othellos trial were he is being judged by the Duke and Brabantio regarding what happened with himself and Desdemona. The second and main trial is that of Othello judging Cassio, though it is not much of a trial per say because Othello is merely listening to what Iago has to

Australian Competition and Consumer Commission Method

Question: Discuss about the Australian Competition and Consumer Commission Method. Answer: Introduction Fortescue Metals Group Ltd through its Chief executive officer Forest made public announcements to the Australia securities exchange and the media and in doing so they made representation targeted at the investors and other potential investors (Forrest v ASIC, 2011). The information contained in the representations was regarding the details in the documents that had been signed by the Fortescue Metals Group Ltd. Fortescue Metals Group Ltd had the legal rights to conduct mining process of iron ore in Western Australia. To utilize the iron ore that was being mined the company decided that it will built a railway that will transport the iron to Port Hedland where they intended to construct a port. To construct the railway Fortescue Metals Group Ltd (FMG) entered into agreement with three entities from China. Forrest, the chief financial officer of Fortescue Metals Group Ltd sent a letter to the Australia stock exchanging indicating the details of the agreement they made with China Railway Engineering Corporation (CREC) which is one of the three Chinese companies to build the railway to transport the iron ore to Port Hedland (Australian Securities and Investments Commission v Fortescue Metals Group Ltd, 2011). FMG made another representation to the media that the agreement that was made between it and CREC was binding and that it was on a fixed price and CREC accepted all the risks that will follow. It is imperative to note the representation made did not reveal the complete details of the agreement. Furthermore, Forrest asserted that the information concerning the price was confidential and could not be could not be revealed although he admitted that it was competitive. In undertaking its obligation to investigate the announcement made by companies to the Australia securities exchange and ensure that they are not misleading the Australian Securities and Investments Commission , invoked s 1041H of the Corporations Act by alleging that the information released by FMG amounted to misleading and deceptive conduct contrary to the act (Corporations Act 2001). Sec 181 of the Corporations Act also provides for the duties of the director which ASIC alleged that Mr. Forest had breached. Rule/ Breach of Duty Under section 180(1) of the corporation act the director has the duty to ensure that the care and due diligence that is expected of a reasonable person in his position (ASIC v MacDonald, 2009). These duties may also breached by the company officer who is regarded as any person who takes part in the decision making process of the company that in the end affects the entire business. In Lagunas Nitrate Co v Lagunas Syndicate (1899) it was held that a director or company officer must act for the benefit of the company and that which is reasonable within his power after exercising his knowledge. The corporations act provides that a person which includes a director within the jurisdiction of Australia may not engage in any misleading and deceptive conduct that may affect any financial product or service (Corporations Act 2001 s1041H (1)). The idea inherent in aforementioned provisions is to protect potential investors and current investors and not consumers (Corones, 2015). The Australian Securities Investments Commission Act 2001 (Cth) on the other hand, provides that no person is allowed to engage in trade or commerce with relation to a financial service or product which is misleading or deceptive or is likely to be deceiving or misleading (Australian Securities Investments Commission Act, s 12DA). This legal sanction extends to the directors of a company and their company officers. It is worth noting that the representations must mislead or deceive, or be likely to deceive or mislead member of the public who part of the target audience (Taco Bell of Australia Inc. v Taco Bell Pty Ltd, 1982). However, the reasonable members of the targeted audience must not make assumption that are fanciful and defeat logic (AstraZeneca v GSK, 2006). It has been held that if the perpetrator of the misleading and deceptive conduct had the intention to deceive and mislead, the courts should ignore the fact that the representation may have never actually deceived reasonable members of the target audience (Australian Competi-tion and Consumer Commission v Singtel Optus Pty Ltd, 2010). It has been held that if the representations have sufficiently been evidenced to be true they can not be regarded to be misleading or deceptive. Submissions The submission by the various parties in this tried to show whether there was a breach of any of the director duties under the corporations act especially whether Forrest exercised care and due diligence that is expected of a reasonable person in his position by making the announcements concerning the company. During the trail of the case the Australian Securities Investments Commission (ASIC) argued that the Fortescue Metals Group Ltd (FMG) contravened s 1041H of the Corporations Act through their conduct that was misleading and deceptive and thus they breached the legal and equitable duties that they ought to abide to in relation to the company. There main argument was that FMG misled and deceived investors and other potential investors through the details of the document that was purportedly an agreement between it and China Railway Engineering Corporation (CREC). It argued that the proclamation made by FMG that they had a signed contract with CREC that stipulated that CREC would finance and build a railway was a misrepresentation amounting to a deceptive and misleading conduct and was not contained in the document. ASIC maintained that CREC had no any contractual obligation to construct the railway and that the price was not stated in the document as had been previously asserted in the letter. The other contention in court was that FMG by stating that it had made a binding agreement with CREC was a misleading and deceiving yet these proclamation were actually false. ASIC further argued that the representation by FMG was ingeniously intended to lure investors to invest in the company since the statements were unequivocal and made in an emphatic manner. ASIC submitted to the court that Forest was not justified to make the announcement to investors and potential investors. FMG chose not to adduce evidence against the allegations made by the ASIC while ASIC argued that it expected FMG to rely on the defense that the assertions made by Forrest were statements of fact which if it was case it could absolve them from liability. According to the ASIC a statement of fact would not be leading but a statement of opinion would be misleading. While it is clear that the intention of the persons alleged to have engaged in the misleading and deceptive is immaterial in proving breach of s 1 041H of the Corporations Act, ASIC stood adamant on the claim that FMG had the intention to deceive the targeted audience. Conversely they argued that Forrest had breached the company officer duties of care and due diligence by unreasonably making a misleading and untruthful announcement. Judgment The issues that were presented before the court for determination included whether FMG and Forrest who was its Chief Executive Officer breached the provisions of s 1041H of the Corporations Act following the announcement it made to the investors and other potential investors that the agreement made with the CREC was binding. Another issue was whether by misleading and deceptive conduct they had breached the company officer duty to act with honesty and good faith. Another sub issue that was to be determined emanating from the pleading made by ASIC was whether the representations were statements of fact or opinion. The other issue was whether the conduct alleged to be misleading had an impact on the reasonable persons who could be investors of the company. The primary judge affirmed that the assertion made by forest were mere statement of opinion. The judge justified this position by stating that Forest held the honest opinion that the agreement would legally binding. The full court held that the argument on statement of fact and opinion was immaterial and only limited the protection offered to investors and potential investors. The court held that the essential factor to be considered in determining a breach of s 1041H of the Corporations Act was not the intention of the alleged party but rather the effect of the representation on the public investors. The court in the in the full court held unanimously that the representation that CREC had accepted full risk and that a fixed price was set had no basis and therefore misleading. The full bench concluded that the a reasonable public investor cannot be placed in the mind of the directors of FMG or forest and a reasonable person would ordinarily understand that the representation implied that the agreement was binding and the details purported to be in the document were actually in the agreement. Forrest and FMG were found to be liable in the Full court. The High court also disregarded the argument on statement of fact and opinion. The court held that to understand the message that would be reasonably assumed by the public the representation must be investigated with full attention to the fact of the case. The High Court widened the definition of the target audience to include investors and other member of the public in the business community. The court thus concluded that the public would understand the statements made by forest according to what the parties believed they had done. It thus held that the public was not persuaded from the representations by Forrest that the agreement was binding and that there was a fixed price but rather they believed in what Forrest and the directors of FMG considered to be genuine. The court thus found that the conduct of Forrest and FMG was neither misleading nor likely to mislead or deceive. The high court thus held that Forrest had not b reached any company officer duties because he did that which is reasonable and fro the best interest of the company. He acted with honest and good faith as is required by the act. The high court ruled that Forrest made the announcement in good faith stating that which the company believed to be true and thus the information was not misleading. Conclusion Essentially, the director duties that were in question in this case was the duty to exercise care and due diligence that is expected of a reasonable person and the duty to act with honesty and good faith. The final decision this case was by the high court where it was concluded that the conduct of Forrest and FMG was neither misleading nor likely to mislead or deceive and there fore did not breach any company officer duties. It is a plausible conclusion from the final ruling of the high court that determining the assumptions that are made by the target audience is a question of fact .Suffice to say, it has been observed that the knowledge of the target audience on the subject matter of the alleged misleading is crucial in determining whether the reasonable audience erred in making the assumptions (ACCC v Telstra, 2004).In the end although the sanctions on the director duties are clear in the corporations act and other enabling legislations the burden of proofing such cases is still l eft on a balance of probability and this satisfies the conclusion that was arrived at by the court that there was no any breach of the director duties. Reference ACCC v Telstra (2004) 208 ALR 459 AstraZeneca v GSK [2006] ATPR Australian Securities and Investments Commission Act 2001 (Cth) (ASIC Act) Australian Securities and Investments Commission v Fortescue Metals Group Ltd [No 5] (2009) 264 ALR Australian Securities and Investments Commission v Fortescue Metals Group Ltd (2011) 190 FCR 364, 375 [23] Australian Competi-tion and Consumer Commission v Singtel Optus Pty Ltd [No 3](2010) 276 ALR 102 ASIC v Macdonald (No 11) [2009] NSWSC 287 Corporations Act 2001 (Cth) Global Sportsman Pty Ltd v Mirror Newspapers Pty Ltd (1984) 2 FCR 82 Forrest v ASIC (2014) 276 ALR 102 Lagunas Nitrate Co v Lagunas Syndicate [1899] 2 Ch. 392 Taco Bell Co of Australia Inc v Taco Bell Pty Ltd (1982) 42 ALR 177,

Sam Houston Book Review free essay sample

Houston and the American Southwest were written by Randolph B. Campbell. Currently Professor Campbell teaches at University of North Texas in Denton. He has written many other books including Gone to Texas The history of the Lone star state. This is one of my favorite books; Sam Houston had a very interesting life. As a child he was relentless and rebellious. He had little formal education, but loved to read. He eventually tired of Tennessee and ran away. He crossed the river and lived among the Cherokee Indians. While living with the Indians Sam Houston learned a valuable lesson that would soon come to use to him later in life, peace first and war second. He lived among the whites and the Indians for a time. When the War of 1812 broke out Sam did not volunteer to join, he instead wanted to study mathematic but in 1813 he decided against a teaching career and joined the 7th US Infantry where he quickly became third Lieutenant. We will write a custom essay sample on Sam Houston Book Review or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In the battle of reek War he courageously charged toward a well-guarded Creek fortification. He was wounded with arrows twice in the shoulder and once in the thigh, they won the war. Afterwards he petitioned to remain in the army. Andrew Jackson and Sam became good friends he later appointed him as a Federal Agent, and assigned him the task of removing the Cherokees from Tennessee. He resigned from the army in 1818 at age 25. He became an attorney in a mere six months when he returned to Tennessee. He remained friends with Andrew Jackson and even supported his campaign in 1822-1824 and 1823. He was even elected to the House of Representatives. He was even challenged to a dual, he won and the other person was shot but did survive. In 1827 he campaigned for and won governorship of Tennessee. He married Eliza in 1829, a girl 15 years younger than him, and sadly soon after their union she left Sam and after he went into a voluntary exile. In 1829 he officially became a part of the Cherokee nation, and served as a representative in Washington D. C for them. Sadly during this time Sam Houston became an alcoholic and the Indians even named him â€Å"Big Drunk†. He married and Indian wife, Tiana although he was never formally divorced from Eliza. She refused to return to Texas with him so he left her. He later married Margaret Lea in 1840; this was his third and final wife. She was a great influence on him, convincing him to stop drinking all together. He and Margaret had 8 children, one of which was named after his dear friend Andrew Jackson and he became a Senator for Texas. I think it is so neat to see that no matter where life to Sam Houston, he always remained so committed to Texas. No matter what he always made it back to Texas and fought for it! He was a man of many talents and he held the position of Lieutenant, lawyer, teacher war hero, Congressman, and even President of Texas! He also ran for Governor of Texas in 1857, but due to his unpopular views he was defeated. This book is so interesting to me. I think that this book was written for anyone who wants to know more about the history of Texas and Sam Houston. It is also written for college students. It is a great read. He was once quoted saying â€Å"It is a matter of great satisfaction to me to hope that my children will be in circumstances to receive a good education. Mine was defective and I feel the inconvenience, if not the misfortune of not receiving a classical education. Knowledge is the food of genius, and my son, let no opportunity escape you to treasure up knowledge. He knew the importance of good education and it honestly intrigues me of how intelligent he was and well-rounded despite his lack of one. On his tombstone it reads: A Brave Soldier†¦A Fearless Statesman†¦A Great Orator– a Pure Patriot A Faithful Friend†¦A Loyal Citizen†¦A Devoted Husband and Father†¦A Consistent Christian– an Honest Man. After reading this book I would have to agree with that and I wish we had more people like Sam Houston in government today!