Essays on Electric Company

5648 Wabash Avenue FAX: 812-454-8169

Terre Haute, Indiana 47809 Telephone: 812-454-8179

Memorandum Parking Space I also evaluated the size of the parking lot. The size of the parking area is considerably large. From the interview I conducted on the company’s managers, it was constructed to accommodate the number of employees in the company. However, from the feedback collected from all interviewed employees, they stated that the parking space was not adequate. At times, when reporting to work, they would lack a space to pack their personal vehicles. Therefore, they would have to look for other places where they would pack their cars at a ...

EXECUTIVE SUMMARY

The Nightlife Hospital, a leading health facility in the United States seeks a capital expenditure justification for the purchase of an MRI machine. This design of the machine will utilize the current technology so as to ensure best services to the customers. The machine will solve the current problems caused by referring patients to other hospitals and waiting for test results in before treating them. The machine should meet the demand by patients for better and more comfortable scanning operations. It should also be cheap, sustainable, and safe for the patients and the clinicians. The best MRI machine the ...

According to the case, Lincoln Electric was a company that mainly manufactured welding machinery and consumables based in the United States but the lifting of trade barriers case prompted the management to contemplate on an expansion strategy to expand its production base internationally. The management was in view of establishing plants in Asia through joint ventures or as wholly-owned firms and whether regarding Lincoln Electric company depicts a situation where the adopts the firms incentive system in its new ventures. The company operated on the founding philosophy in which James believed that each person could transform to its full ...

Abstract

Wesco International Inc, which is an American publicly traded company currently, operating in the U.S. The company supplies electrical and repair products and is based in Pittsburgh, Pennsylvania. Most of the company’s business is conducted in the United States. This article provides a microeconomic analysis by reviewing the current demand and supply situation of the company as well as the involved costs of production and recommended strategies that the company could adopt to gain a competitive power.

Introduction

Maintaining successful operations is a hard task for multinational corporations especially in the current market trends and fluctuating customer demands. However, ...

After more than two hundred years of the first publication, the heroic poem about the adventures of Beowulf is still of high interest to the public. Not only do the scholars investigate Beowulf as an example of Old English literature, but a wider audience also finds this epic poem an important representation of Scandinavian culture. What attracts them is the fact that Beowulf is the only complete surviving text dates from the 8th and the early 11th century. The poem is indeed written in Old English language, but the stories take place in Denmark and Sweden. England is not ...

Makower outlines General Electric’s ecomagination initiative as an example of a corporate responsibility programme that has the dual benefit of creating new revenue streams and cost saving in the business as well as benefiting the environment. It has been argued that strategic corporate social responsibility investment in projects should be adopted as opposed to a laissez-faire approach. These investments should demonstrate clear returns and value for money (Radcliffe, 2009) while still honoring a triple bottom line: people, planet and profits (Wikipedia, Corporate Social Responsibility, 2011).

According to Makower, General Electric’s ecomagination initiative is a driver of new products, services and ...

Overview

Sexual harassment in the workplace has increased the need to have and formulate laws that protect employees from exploitation in the workplace. Sexual harassment originates from the need to exercise power in the workplace (Boland, 2005). Sexual harassment in the workplace does not have to involve outright demand for sexual intercourse. It may even involve a simple joke, which is not received well by the other party. Sexual harassment is prevalent in the male dominated workplaces where the number of women employees is fewer. Men will likely be influenced to harass a woman sexually in a workplace. This is the case especially ...

Various Operational Challenges Facing Emerson Electric Company

Introduction Emerson Electric Company is one of the most inspirational American success stories. Emerson has managed to develop from a humble regional player in electric motor manufacturer and fan production into a highly dynamic multi-global acclaimed company. Notably, Emerson Electric Company has steadily increased technology and engineering techniques as the century progressed ensuring that it remained relevant while still realizing profits all through. Today, Emerson Electric Company has become a household name in delivering technological solutions to companies and homes in all over the world. After the release of financial records in the last fiscal quarter, analysts suggest there is a substantial ...

Introduction

Organizational Behavior or OB is an emerging science that deals with the study of how people act and behave in an organization. For the same reason, the theories behind OB are closely related with social psychology as it deals with individuals and organizational behavior and how they are interrelated with each other. Owing to its psychological framework, OB has a wide scope as it encompass a variety of organizational studies such as organizational performance, employee motivation, leadership, team building, organizational structures an organizational management among many other organizational disciplines. The purpose of this paper is to determine how OB developed based ...

Public Companies Considered for Examination

For analysis, one service company named Wal-Mart Stores while two manufacturing concerns named General Electric Company (GE) and Abercrombie & Fitch Company are chosen for examination. All these three companies belong to the United States and are publicly traded on The New York Stock Exchange (NYSE).

Liquidity Analysis - Cash Available To Pay Current Debts

For analysis in this section, quick ratio is examined to see how much cash is available to public companies under review to cover each $1 of current debt/liability. In this ratio, quick assets are considered as they are easily and quickly convertible to cash without diminution in their value and exclude inventories as well ...

Movie Review of Erin Brockovich

Introduction “It only takes a single act of kindness to turn the world around and put yourself at the center of it.” If there is one statement that could describe the plot of the film Erin Brockovich, the beginning statement captures everything. Erin Crockovich is a true story of a woman who fought the ill practice of Pacific Gas and Electric Company (PG&E). Released in 2000, the film that stars Julia Robert was a biographical sketch of how a single mother has been able to overcome the challenges presented her coming from an accident and an unsuccessful lawsuit. While the film was a success, ...

Nikola Tesla is widely known for his great achievements in the field of physics. Once he turned upside down the people's ideas on the questions of commuted current and electricity, making a big step forward in the study of these phenomena. Much of his activity was beyond explanation, what as caused many myths around his personality, and I will try my best to convey the main objectives and achievements of his works in my paper. Nikola Tesla was born on July 10, 1856, in the village of Smiljan (Croatia today) in the family of Serbian Greek Church priest (Childress, ...

Environmental sustainability has emerged as an imperative for businesses operating in the 21st century. This is due to the dangers beset by the continued environmental degradation and the dangers wrought by modern day technology. The Fukushima Daiichi Nuclear Power plant accident that occurred slightly over two years ago in Japan presented serious and devastating effects to the inhabitants of the region and the situation has not been fully remedied to date. Nuclear power has emerged as a key option for several countries providing energy needs in the 21st century. In particular, nuclear energy is preferred as it has the capacity ...

Currently, I believe that my energy use is comparable to that of anyone else living in middle-class America; I require electricity from AC outlets to power my electronic devices. These include (but are not limited to) my television, DVD players, gaming consoles, laptop, iPad, lamps, printer, and smartphone. It also powers other essentials to my home, such as my refrigerator and central air conditioning system. This electricity is provided by my electric company, which supplies it through various forms of electricity generation by power plants located throughout my area. These power plants contain generators that spin electromagnets that are ...

Introduction

Corporate Social Responsibility is an important aspect of a business nowadays. During the previous eras businesses were least bothered about their responsibility towards the environment and the society as a whole. However, surviving in the current business scenario, without paying attention to the social responsibility is deemed to be rather unacceptable by some. For the purpose of completing this assignment, the electrical and electronic equipment industry has been chosen and how they are contributing to the society. General Electric and Siemens have been chosen from the developed category, whereas, Samsung and Acer have been chosen from the developing country category. ...

INTRODUCTION

In order to understand the term ‘talent management’, it is crucial to understand the term talent. Since the term ‘talent’ has no particular definition, it is said to be a combination of skills, knowledge, values and abilities possessed by people. Talent has been defined as individuals having the ability and skills to influence the overall performance and change the organization image and performance level (Pageup People, 2008). For an organization to have an effective workforce, it must manage its workforce and allow them to enhance their potential. Thus, the concept of talent management came into existence. Talent management is ...

1 (a) One of the major reasons why GE continued to face difficulties irrespective of the sufficiency of the strategies used is the fact that there was no total inclusion of all stakeholders in decision-making. Core competencies are critical in the provision of accessing new markets, adding value to the products of the company making it rather difficult for them to duplicate the competitors. Welch had a clear recognition of the fact that GE’s best asset was the human capital therein. Important strategic steps in empowering and capacitating line management as well as employees were the main delegation of ...

American Ground

Hawthorne studies were facilitated by the National research council in 1924 at the Western electric company in Illinois. Consequently, the studies advanced until mid 1930s. The company engineers undertook prior research. The objective of Hawthorne’s studies was to investigate the impact of a variety of productivity’s illumination levels. The study envisioned control group and experimental group formation. Members of the controlled group performed their duties under steady illumination intensity as the experiment group was exposed to different levels of intensity. The expectation was that the people’s output be directly associated to the light intensity. An increase in ...

Liquidity ratios

Current ratio = Current Assets / Current Liabilities

Current ratio = 405,763 / 166,210 = 2.44

Current ratio = 419,673 / 145,320 = 2.89 Asset turnover ratios Inventory Turnover = Cost of Sales / Average Inventory

Inventory Turnover = 51,455 / 13,792 = 3.73 Times

Inventory Turnover = 46,005 / 11,526 = 3.99 Times Financial leverage ratios Debt-to-Equity Ratio = Total Debt / Total Equity

Debt-to-Equity Ratio = 599,108 / 118,134 = 5.07

Debt-to-Equity Ratio = 623,595 / 124,198 = 5.02 Profitability ratios Return on Assets = Net Income / Total Assets

Return on Assets = 14,151 ...

Introduction

General Electric is by far one of the most diversified companies in the delivery of technological, financial, and media services. This can be evidenced from the wide range of their products and services that include power generation, household appliances, aircraft engines, water processing, consumer financing, media content, medical imaging, business and consumer financing among other industrial products (Datamonitor Report, 2011). Primarily, General Electric operates in six operating regions that include Australia, Asia, Europe, North America, Africa, and South America. It is headquartered in Fairfield, Connecticut, and it has approximately 439 manufacturing plants, 219 of these plants being located ...

“Lincoln Electric Company has a mission of attaining and preserving international competence as a supplier of superior equipments and products with the highest quality (lincolnelectric).” The origin of the company is in Cleveland, Ohio, where the owner Mr. Lincoln began operations in 1895 making and distributing electrodes and welding equipment (Hastings, 1999). The founder invested a capital of $200 and from that it has managed to grow over the years into being the largest manufacturer of welding machines and electrodes employing over 8000 people. Even though it started operations in an economy that was in a depression and with many competitors, it has ...