Essays on Machinery

Landmark Antitrust Case Study Assignment

Dr. Mozayeni

Assigned #:__________________________ Monopoly 221 U.S. 1, Standard Oil of New Jersey v. U.S. (1911) 1. Write a 100- word abstract of the case, including the date of the case. The Standard Oil of New Jersey v. U.S. was a case that took place in 1911 and gave the Supreme Court gave its verdict on May 15, 1911. In this case, the Supreme Court of the United States found Standard Oil of New Jersey as being guilty of engaging in monopolistic and anticompetitive actions. These actions of the Standard Oil were as an attempt to monopolize the ...

Hanover Shoe, Inc. v. United Shoe Machinery Corp. - Abstract In this 1968 case, Hanover Shoe was a customer of United Shoe Machinery, leasing their shoe-making machinery. Previously, United Shoe lost a suit brought by the United States based on the anti-trust effects of their leasing scheme. Hanover used this finding as a basis for suing United Shoe themselves, requesting treble damages. The Court found that the prior case did stand for the proposition that the leasing scheme was illegal monopolization and found for Hanover. United Shoe argued a “passing on” defense and that Hanover’s additional taxes should be excluded ...

BUSINESS LAW

Part A: Question 1 Using the four-step process, discuss the element of agreement required for the formation of an enforceable contract. Have Sensational Sails and EquipU reached an agreement regarding the sale of the Italian machinery?

Identifying the Legal Issue

Bill and Ben are best mates and love to sail together. They want to turn their sporting interest into a business. They decide to start their own company called Sensational Sails Pty Ltd (Sensational Sails). Bill and Ben design and manufacture sails for all size yachts and supply wholesale to retail outlets. Their company becomes highly successful and soon they need more sophisticated ...

Introduction

The way the Nigeria government approaches the air security of the West Africa region has been hugely influenced by the role of the national leaders as far as international security is concerned. The conception of the role has become the basis for any international and foreign engagement of the policy. According to history, Nigeria has always been perceived as the West Africa leader which has had a strong destiny manifested and its perceived responsibility in protecting and promoting the interests of Africans globally in any ramifications. There is also a belief that the air security of the country is coupled to the ...

Executive Summary. 3

Industry and Company Description. 4 Competitive Position 6 Ethical Business and Social Responsibility.. 10

Competitive Strategy 11

Foreign Market operations 13 Diversification Strategies 14 Corporate Culture and Operations 16 Strategy Execution18

References.19

Appendices20 Executive Summary With the economic slum which almost brought many companies to their knees in 2009, John Deere managed to remain sound and operational, registering increased profit margins. This is thanks to the visionary management and staff of the company which devised strategies that insulated the company from the pangs of the economic recession. As contained in the mission statement, “Double the experience ...

- You are required to evaluate, the two options for the production of product Z.

Comment and advise Tony accordingly in the production of product Z.(25 marks)

Answer: Assuming 40,000 production levels, the cost associated with both the options are as below: It can be easily seen that the cost of producing 40,000 units is less in case of labor intensive option than the machinery option. For low production levels, it is recommended that labor intensive option is a better option. However, as the production level goes up, machinery option covers up for the extra machine rental expense and at some level produces units at a lower cost ...

Executive Summary

Sustainable development is a concept of great relevance in the contemporary society. The idea of sustainable development emphasizes the need of adopting safe practices that have the potential of minimizing the detrimental effect of human activities on the environment. In this respect, practices such as recycling materials, proper disposal of waste products, reducing consumption rates by adopting resource saving interventions, are the fundamentals of the idea of sustainable development. Companies are tasked with the important responsibility of ensuring that they are operating and engaging in activities that uphold the concept of sustainable development. Companies that promote the idea of sustainable ...

MEDICAL CHECKUPS AT HOME.

There is undoubtedly an increasing demand and need to keep track of people’s state of health in real time and in a wide variety of environments. Traditionally, medical checkups involve trips to the doctor or physician which may be cumbersome and take a lot of time. The behavior of the patient may also change when around the doctor which may make it difficult for the doctor to accurately diagnose certain conditions. There is an increasing need to be able to monitor the medical condition of a patient in the natural environment of that particular patient. Thus, the concept of medical checkups ...

Abstract

United States v. United Shoe Machinery Company is a suit which was brought before the Supreme Court by the United States (US) against the defendants- United Shoe Machinery Company (of New Jersey), United Shoe Machinery Corporation, United Shoe Machinery Company (of Maine) along side their officers and directors. It was brought under the provisions of Antitrust Act 1914, c. 323, 38 Stat. 731, 736 aimed at preventing them from making leases and decisions deemed to be in a violation of this law. After its argument on March 16th, 19th, 20th and 21st, 1817, it was decided upon on 20th, June, 1918.

Discussion

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There are hazards associated with the building process that must be identified and mitigated as quickly as possible. This document will address twelve potential hazards for HeidelbergCement HeidelbergCement controls much of the supply chain for its business, which is an excellent business model but presents unique challenges in the realm of safety. In the aggregate phase, heavy machinery must be used to obtain and properly sort, sift, and remove aggregate from the quarry. Using heavy machinery can pose a threat to operators, leading to injury or potential downtime if machinery is used improperly. The outcome is potential downtime, injury, ...

Engines that use diesel or gasoline might look similar to an untrained eye. However, diesel engines are much older, and they are mostly used for heavy machinery. On the other hand, gasoline is commonly used in personal vehicles and light machinery. Therefore, both fuels have their own advantages leading us to ask the pertinent question on the best source of fuel. This question arouses different feelings in consumers of diesel and gasoline. The main factors to consider in this case are intended use and price of the type of fuel. In terms of efficiency of function and pricing, diesel ...

Venezuela is a Latin American country whose one of the main exports is oil. It has rich oil deposits which make a great contribution of to the national income through exports. This oil trade accounts for the largest share of the Venezuela’s exports from the industrial sector. The industrial exports in turn contribute about 60% of the total gross national income. Oil thus forms one of the basic economic generators or foreign exchange earners (Weisbrot, 2). A review of the Venezuelan economic development reveals that the economy has grown by over 94% of the anticipated rate. Though this has ...

Introduction

Employee training programs give the employees the necessary information and skills necessary to improve performance on their job (Garavan et al, 2003). The designing of an effective employee training program is essential for the long-term success of any business or company. Training is needed when employees are not performing according to standard or are not performing at an expected level of performance. Training is hence used as a performance improvement tool. Training programs usually have multiple benefits for both the employees and the organization, but that is only if they are carefully planned and properly implemented. The clear understanding of ...

INTRODUCTION.

Amongst the sectors that have embraced technology in the past few decades is the aircraft industry. This is in response to improve on reliability, product/service quality, and increase on labor productivity as well as cut down on related costs. Technology use in the sector comes in form of machine automation, and tools used in manufacturing that never existed before (Kalpakjian 2001, pp. 5). This involves a widespread use of computer-aided manufacture and designs, computerized numerical controls. The use of technology in the sector has also been stimulated by the need to develop decreased labor intensive products by manufacturing products such ...

In the short story The Tartarus of Maids, author Herman Melville seeks to portray a world that is completely mastered by machinery. Through the story, it is evident that Melville seeks to paint the impact that industrialization had on humanity. The factory and machinery are what is used to symbolically mean the human womb that produces products that are employed and wealthy and at the same time steal the lives and the very souls of the women who happen to be the ones who keep the machinery well oiled( Howard 48). It is therefore clear that the imagery that is ...

Business Plan - Construction Plan

Business Plan - Construction Plan

Introduction

This report presents a business plan for a construction company. The report includes a description of the business type, products and services involved and the chart of accounts, which will be used while keeping in view the nature and requirements of business activities. In addition to this, a discussion pertaining to the applicable financial reporting framework and the pro forma financial statements have also been presented, which include the balance sheet and income statement of the proposed business. Apart from this, the report also takes into account the internal control procedures, which will be in place to ensure ...

Introduction – background information

Research is an important component of any market study as the same discloses important information about the market and the business environment to a business organization . In most cases, the main reason to conduct a research in business organizations is to be able to gather a picture of the competitive environment which usually takes into account factors such as presence of competitors, preference of customers in the market, prevailing political, economic, social and technological conditions and a number of other factors . These factors are important from a business point of view as the same help in predicting the challenges and aspects of a business organization. ...

Business Process Analysis and Improvement

Business Process Analysis and Improvement

For this paper, the process that will be selected is the repair machine repair process. Numerous companies in Kuwait such as Golden Equipment Company offer services in the installation, maintenance, and repair of heavy engineering machinery. The main inputs within the system are defective machines and spare parts while the output from the process are the removed defective parts and the final repaired machine. The main stakeholders involved in the process are the different employees involved in the different stages within the repair process. Currently, at the company the repair operations involve the ...

Dear Sir,

I am delighted to present you a report on management information systems applied in Nokia Company in their worldwide branches as obtained from interviewing employees in the company. The report is prepared pursuant to the company’s articles of association and goals to be the leader in technology and adoption of efficiency management systems. This includes the efficiency, operations, and saving systems that will enhance the management effectiveness of the organization in the ever-competitive environment. The report also highlights general overview of the company and products offered, including the different scales on which the products are provided. ( ...

External Analysis of M-Tronics

Analysis of the external forces is necessary to assess the environment in the particular industry and to create a competitive strategy for the company. Porter’s five forces offers a framework for industry assessment in terms of 5 parameters: rivalry, threat of new entrants, substitutes, the bargaining power of suppliers and the power of buyers. This framework will be further applied to M-Tronics company.

Rivalry threat in the industry is medium, since the company holds 40-60% of the market share, especially in the Electronic Division. Here M-Tronics already has approximately 60% of the market share and expects further increase, since the ...

The industrial revolution is the historical period, which marks the shift from rural and agrarian society to the industrialized and mechanized system. The transformation from home-based production with basic tools to developed machinery and mass production began in England in 1760. The revolution was witnessed in two phases. The first industrial revolution lasted from 1760 to around 1840. The first phase identified the use of better machinery, water power and steam engine in industrial production. The evolution of textile industry enhanced the growth and employment in the economy. The second phase began in 1840 till 1890 (Kenneth E ...

Artificial intelligence is the essence of the use of software that is programmed to perform tasks that would have been performed by human being. There has been advancement in technological usage in the current world. According to the scientists if this continues untamed it would in the end pose a threat to the human intelligence. Although the human mind functions differently with that of a robot, scientists have pointed the fear of a takeover by robots. Arguably, the whole idea of artificial intelligence is spurred by scientific fiction in which it tries to come out and program software that performs a wide ...

Abstract

The main aim of this study is to conduct a research about the artificial methods of storing water in California while considering all the financial characteristics. This research will include two artificial (Manmade) methods of storing water in the state of California which will include; surface water such as Cisterns, Dams and aqueduct. Underground water will include pipelines, aquifers, canals and reservoirs.

Introduction

California’s water management system is arguably among the most innovative and complex artificial methods of storing water in the world. In California, colossal amounts of water are confined, stored, and then delivered through manmade features to serve ...

Introduction

David Ricardo (1772–1823) – is one of the greatest economic theorists of English classical political economy, the last and the most famous representative of the classical school of bourgeois political economy in England. The theoretical views of Ricardo are stated in the most complete form in his magnum opus – "On the principles of Political Economy and Taxation", the first edition of which appeared in 1817. Ricardo's "Principles" – is a political and economic writing. It has put forward his author to the range of important representatives of classical economic school. Ricardo`s aim is to discover economic laws of ...

Abstract

The prevalence of information system and networked infrastructures brings huge advantages for the organizations however these infrastructures also impose greater vulnerability in terms of intrusions and virtual attacks. The entire industries and government worldwide are dependent on the interconnected array of critical networks and resources that can be accessed or entered from anywhere in the world. Cyber security uses different tools, policies, risk assessment and management practices and technologies to protect the information and the communication infrastructure from any illegal or unwanted intrusion or modification. The assessment of cyber security vulnerability assists the IT managers to ensure that no ...

MNE Researched: Levi Strauss & Co

Industry Category: Textiles I. Introduction & Basic Information

Definition of Globalization & Business Context

In the recent centuries, the world has witnessed increased integration in terms of economics, political ideologies, and social affairs. Some of the key factors that have led to this integration are the advancement in communication and transport technologies which has made it possible for people to easily move across territories and at the same time share information. This integration has come to be referred by many scholars as globalization. This paper intends to look at how globalization has affected the markets with special focus on Multinational Enterprises (MNE’s). Though globalization ...

General explanation of the procedure followed

Contribution refers to the excess the unit selling price of a product over the direct costs of production related with the production of the said product. This accounting procedure is based on the assumption that fixed costs are incurred on timely basis (fixed costs are fixed for a certain duration of time) Hence, the fixed costs are considered irrelevant in decision making regarding the production of the said product. Contribution per unit is thus defined as ‘the revenue generated to cover certain fixed costs, as well as cater for the profit margin of the trader. It is prudent for a manufacturer ...

This paper develops an outlook into the automated businesses in companies, the advantages and merits of adopting such a policy in the running of the factories and the possible consequences that may be experienced as a result of the same. There is a bias taken towards the critical analysis of the factors that may lead a company into adopting automation of its systems. A comparison of the traditional methods of running business and the modern technologically savvy approach is also given preference in as far as the business automation is concerned. There is also the analysis of the consideration to be made when ...

Abstract

The paper details the managerial approach by the finance director for collating budget data for the company ABC Pty Ltd. The paper further discusses the effectiveness of the budgeting methods and the significance of flexible budget for the company.

1. Introduction Budgeting is the most important function of financial managers as its effects are visible for years and it is used to define strategic direction which helps to move the company into new products, markets, services which must be preceded by expenses. The budgeting process involves collection and consolidation of contributor revenue projections and expense resources. The main ...

Reply to Andrew.

Control systems in the controlling of the sales expenditure is procedures and policies put in place by management to prevent errors and fraud in regard to the sales expenditure (Graham, 2007). The policies and procedures not only detect fraud and errors but also the accuracy and completeness of the sales expenditure records. Control systems are put in place in several departments but, not in sales department only.

Use of sales expenditure budget.

Usually sale volume significantly influences the amount of sales expenditure. It is, therefore, necessary to prepare the sales expenditure budget in line with the sales budget for cast. The expenditure should be ...

Comparative advantage refers to an economic situation to produce a good at the lowest opportunity cost. Here the trade exchange between China and USA shows how the Law of Comparative holds in real world. With the amount of trade taking place between two countries, the law holds that these trading partners are promoting their self interests by producing the goods for which they have low opportunity cost and trading another good for which they have high opportunity cost(CFA Institute 376).

Since USA and China have low opportunity cost to produce agricultural goods and machinery respectively. These countries are involved ...

Kaiser, D. (2000) American Tragedy: Kennedy, Johnson, and the Origins of the Vietnam War. Cambridge, Boston, MA: Belknap Press.

This book explores the origins of the Vietnam War, with specific focus on the clash of the two ideologies of socialism and capitalism. The book makes an in depth look in the American society prior to the start of the war, the key individuals involved in the decision to engage in the military campaign and the horrors suffered during the war. The book makes an important deviation from the operation of the war to the growing resentment towards the government and its war machinery in Vietnam at home. It explains in detail the political situation as it changed ...

The Industrial Revolution was a period from the 18th to 19th century when fundamental changes occurred in agriculture, transportation, textile, economic policies, metal manufacture, and the social structure in England. It is an era that destroyed the old manner of doing things. The Industrial Revolution was a chief turning point in the history of mankind. Eventually, almost every aspect of life was in some way influenced by this transformation. For instance, population and average income began to show signs of first-time sustained growth. In addition, advances in agriculture practices and techniques resulted in changes in industrial organization, increased supply of raw ...

The Impact of the Industrial Revolution in England

History has always shown that man had continuously struggled to foster development for the improvement of life and progress. This struggle had managed to trigger changes and events that led to the Industrial Revolution or the Age of Industrialization. The revolution had established Europe as a dominant industrial region and bolstered its economy, allowing its population to grow and prosper. In England, industrialization brought significant social changes that had transformed England to the mighty European hegemony it was known for and a society fit for further industrialization. Industrialization physically transformed England’s lands and waterways to become fit for commercialization and ...

Edward Bellamy was an economist who disliked the socio-economic conditions because many laborers got a subsistence pay. Bellamy wrote a book called Looking Backward, which focuses on Julian West who is an upperclassman, lived in Boston. It is important to note that Bellamy lived during the industrial revolution in the US. His book talks of West being induced to sleep because of his chronic Insomnia. The author records accounts of laborers striking because the capitalists and the landlords enjoyed all the profits and interests respectively. Bellamy writes, “The producers of the nineteenth century were not, like ours, working together for the ...

Introduction

It is common knowledge that the success of any organization is hugely dependent on the KSA’s (knowledge, skills and abilities) of its employees. Employees are the most important assets of an organization and without proper mechanisms of recruitment, selection and training, the organization may not acquire and retain most effective e employees. In addition, if the mechanism of recruitment, selection and training are not aligned with the organizations’ missions and core values, the organization may ultimately collapse. Employees with high levels of knowledge, skills and abilities drive the organization forwards and propel it towards the achievement of its ...

Introduction

The disposition of equipment that remains is a considerable challenge that usually corresponds with the dispositions of various business assets. An evolutionary approach to asset disposition is converting equipment and machinery from an impediment into a resource for new disposition channels. This paper, therefore, aims to describe the differences between the four strategic dispositions namely: turnkey sale disposition, component basis disposition, advisor’s strategic disposition and traditional listing disposition. - Turnkey Sale Disposition When confronted with the possibility of an industrial disposition, the optimum result is a turnkey sale that includes the combined sale of the firm’s assets, equipment, ...

Ford Motors Co: Financial Analysis

Property, Plant and Equipment The property, plant and equipment valued at $ 24813 which shows an increase of 11 % as compare to 2011. Property, plant and equipment includes land, buildings and manufacturing plants and other machinery and tools and other assets that are used by the company in their routine business operations. Ford Motors Co. records all its assets at cost net of depreciation and other impairments. The company has a policy of capitalizing newly acquired assets when they intend to utilize them for longer periods which is usually more than one accounting year. The cost of maintaining assets and ...

Recent studies regarding the patterns of employment and occupations indicate that there are differences in occupational choices between the male and the female gender. Due to the increase in the number of women attaining education in the United States, women have remained to be an integral part of the United States’ workforce. However, statistics indicate that jobs that have traditionally been associated with men have continued to be male dominated and vice versa. For example most of the blue collar jobs that entail the operation of heavy machinery and other craftsman skills continue to be dominated by men. On ...

Introduction

This paper explores the various forms of economic systems and their methods of allocating resources. Economic resource allocation seeks to achieve economic efficiency in all dimensions of resource allocation among the various economic actors within any economic set up. The major focus will mainly entail the command economy as well as the market system of economy. A market system of economy, normally known as capitalism or free economy is a system of resource allocation in which the factors of production are allowed to move freely, the economy is allowed to operate freely without intervention from the central governments. It is ...

Introduction

Trade was one of the most important economic activities of the ancient civilization. Initially trade was mainly conducted on land .As the scope of the activity expanded with time, another mode of transportation; water transport started to become gradually important and started to attract the attention of commercial enterprises. As this mode of transport became more important, there arose a need for the formulation of insurance scheme to protect the water vessels, the passengers, and cargo for the various risks that they faced in this transport mode. Marine insurance is therefore one of the oldest forms of insurance that has ...

Abstract

This essay regards a case of a patient, a farmer, who potentially has hay fever, which influences his work abilities; in this patient’s case, it is studied the physiology of this allergic reaction, the type of drugs that may be prescribed or preferred, the causes of such, consequences of the use of sedative drugs and, in case such are chosen, what suggestions the nurse should give the patient for his safety. Keywords: allergy, antihistamine, sedation, driving. - Physiology of an allergic response. An allergic response is a hypersensitive response that the body has, which is caused by processes of ...

Be SPECIFIC with your answers, citing precise examples from the case. Use more space if necessary. IMPORTANT! 10% of your grade on this assignment will be based on the visual quality of your written work. This includes (but is not limited to) providing all requested information, proofreading your document, running a grammar and spell check, and insuring that your document is properly formatted and aligned. It is fully expected that you will submit “professional quality” work to your instructor, both in content and in presentation.

PART 1: YOUR ANALYSIS OF THE NEGOTIATION

- In one or two sentences, explain why this negotiation is taking place. (2 ...

Introduction

In the mid-18th century, the world witnessed a rebirth of knowledge that radically changed the methods of production. Among the sectors of production that witnessed this change included manufacturing and processing. This radical change was caused by the fact that the world shifted from manual production to machine driven economies. This is because the advancement of technology led to the creation of production methods that made work easier while at the same time increasing the output of various industries.

Other important sectors of the economy that experienced a major transition what the transport and the communication sector. Before the industrial revolution, ...

Description of the project:

The project involves a two-month tour to the East African market, which is aimed at creating brand awareness for AGCO products. In particular, the tour is aimed at raising awareness for Massey Ferguson tractors and combine harvesters, which will lead to increased sale of the products in the region. The tour will be undertaken by 10 marketing personnel who will visit the countries where agriculture is widely practiced including Ethiopia, Kenya, Uganda, Tanzania, Zimbabwe and the Democratic Republic of Congo (DRC). In addition, the team will try to understand the problems the farmers in the region are facing in the ...

Marine or Maritime Insurance is the oldest form of insurance. It is a variant of insurance for which the subjects are boats or ships, and particularly the cargos the ships carry. Although most countries of the world have their own laws relating to insurance, an online article entitled Marine Insurance Facts (anon, n.d.) published by United Marine Insurance of Australia notes that in most cases insurance of commercially-operated ships comes under the jurisdiction of “Admiralty Law”, described in a Guide to Admiralty Law (anon, n.d.) published on the HG.org website.

Marine Adventure

In marine insurance terminology, the term “marine adventure”, as defined by ...

A Revolution is defined as ‘a drastic and far-reaching change in ways of thinking and behaving’ (Julian 173). One would also say a revolution involves basic changes in power or organizational structures which take place in a relatively short period of time. The Scientific and Industrial revolutions were both a change of life, and changed the way that jobs were created along with how people created different theories regarding different approaches to creation and nature (Julian 173).

The Scientific Revolution was a period of time that included great men of the Middle Ages such as Nicholas Copernicus (1473-1543) to Isaac Newton (1642-1727). Historians may ...

- The intra-industry trade index analysis has been done for many years, the latest being 2008. With regards to overall manufacturing, Japan, Germany and Canada had an index of 53.7, 77.2 and 75.6 respectively. With regards to machinery and equipment, Japan, Germany and Canada had an index of 66.3, 76.2 and 67.5 respectively. With regards to transport equipment, Japan, Germany and Canada had an index of 24.8, 67.1 and 93.4 respectively. For the three industries, Japan achieved prominently low indices when compared to Germany and Canada. By these indicators, the statistics show that Japan was lagging behind in the ...

The impacts of closing and relocating the operations of a company could disrupt the organizational culture and environment of a company. Restructurings and relocations could result in the physical changes in the locations of company headquarters and distribution centres, change of company leadership, merging of some operations into one centre among other changes (Flecker, 2005). HS Engineering is a UK based firm that deals in making engineering tools. The company, mainly run by the founder’s family members, has been in operation for the last 40 years.

HS Engineering has a hierarchical structure of management where the three plants-Leeds, Wolverhampton and Oldham are ...

The impacts of closing and relocating the operations of a company could disrupt the organizational culture and environment of a company. Restructurings and relocations could result in the physical changes in the locations of company headquarters and distribution centres, change of company leadership, merging of some operations into one centre among other changes (Flecker, 2005). HS Engineering is a UK based firm that deals in making engineering tools. The company, mainly run by the founder’s family members, has been in operation for the last 40 years. As a result of the dynamics in the engineering tools industry, HS Engineering plans to close ...

The impacts of closing and relocating the operations of a company could disrupt the organizational culture and environment of a company. HS Engineering plans to close its Wolverhampton and Oldham plants and move all precision manufacturing operations to its main Leeds plant. The Leeds plant has its employees properly unionized and it also gives its employees loyalty bonuses, pensions, sickness schemes and wages that are favourable to the local market.

The Leeds manufacturing plant has a clear and well-structured organizational structure comprising of a team leader for each area of production and structured upwards to the Managing Director. The company will need to ...

Introduction

The economic conditions of Singapore were stimulated starting with the sixties – seventies, when the country started to focus on the international trading. The international trade focus came as a solution for solving the country’s poor economic system, getting Singapore out of the third world countries and emerging into a developed nation. Currently a developed economy, Singapore ranks the third in the world in terms of living standards, standing out as the most open economy and the third per capita ratio in the world (Central Intelligence Agency “Singapore”). However, this Asian country applied a series of economic measures for becoming the strong economy it ...

Introduction

Trade unions are organizations that represent the working people. The membership of these organizations comprise of employees from different sectors of trade, professions and occupations. The union’s main objective is to represent its members in the working environment and in the general society. The working of the trade union is through collective bargaining as well as through a harmonized rule-making process. The South Africa trade union is the largest in Africa and plays a big role in the labor market and industrial relations in determining policies in the country. There are three prominent trade unions in South Africa whose connections ...

Introduction

In any manufacturing firm, the location and design of plant lay are two crucial factors that determine the efficiency of the processes. A good plant layout should be able to convert raw materials into finished products in the most efficient and economical manner. There are various types of plant layouts depending on the products; processes involved and the site space available. Before deciding on the layout to adapt, considerations such as availability of waterpower and space are important. Able Co. manufactures harnesses and cables and its location to a green field will have to make decisions pertaining to which ...

Following the American Psychological Association’s Guidelines

Educational Institution NOBEL PRIZE LAUREATE IN MEDICINE: james e. rothman Since 1901, the Nobel Foundation, which was established as a bequeath of the late Alfred Nobel has awarded Nobel Prizes in five notable fields of global achievement, among which is Physiology or Medicine. Featured in this article is the recipient of one of the three foreemost scientists who received that award in 2013, James E. Rothman. Along with Randy Schekman and Thomas Sudhof whose work alongside Rothman’s paved for the discovery of machinery regulating vesicle traffic, a major transport system in human cells. This achievement represents an advancement ...

Introduction

The process in which there is a decline of manufacturing in the region or society; for example, when a company closes down its production facilities due to being under pressure from the foreign competition. It is an economic and social change that happens due to the removal of many industries. Marx’s and Row thorn’s theory of de-industrialization is considered one of the earliest definitions, which say that it happens due to technological innovations . With the invention, work that is more physical is increased and with that, the capital increases. The machines then replace the labor and the rate of ...

Introduction

Managing the inventories in the modern manufacturing operations is a tough process. Many manufacturing plants, both big and small, are facing problems in managing their inventory properly. Hence, companies are exploring new systems and software that can help in managing the inventory properly. One of the most popular software that is used to efficiently manage inventory is the Material Requirement Planning or MRP. MRP helps the companies in taking informed decisions regarding the efficient management of the company’s inventory (Vonderebse & White, 2013). Other than helping companies in efficiently managing their operations, they also help them in improving the ...

Introduction

“Demand for palm oil has further increased in recent years as many developed economies are shifting away from the use of trans fats, to healthier alternatives.”—World Growth (2011, p. 6), The Economic Benefit of Palm Oil to Indonesia The demand for palm oil was significantly high before recent research studies that confirm the fact that trans fats and hydrogenated fats impact negatively on one's health by causing diseases influenced by inflammation. However, after the revelation of the findings of these research studies, leading producers of palm oil, such as Indonesia and Malaysia, felt the need to increase ...

- Introduction Project management is practiced by organization to achieve to temporary goal associated with the completion of the underlying project (Meredith & Mantel, 2012). The concept can be further elaborated as project management refers to manage and complete an assigned task to achieve unique outcomes with given resources, (Lewis, 2002). The project is developed and undertaken to achieve the goal of expansion in the company’s product by producing larger touring motorcycles with larger motors to cater new markets abroad. Aligning with proposed strategies to the management for producing larger motorcycles, the paper presented below will solely consider ...

1-Description: Coca-Cola is the top ranking beverage brand on the globe. Resources say that Coca-Cola licenses and markets almost 500 beverage brands including waters, juices, sports drinks and disposable coffees and teas. It has world’s largest distribution system in almost 200 countries. The production process of coke is an interesting but complex procedure. Factors of production involved in the business are generalized as land, labor, capital and enterprise. Capital requirements for Coca-Cola consist of machinery required for the production of bottles and the cola drink it in bulks. Labor refers to the managers, supervisors, production staff and ...