When it came to this theory workers were punished and rewarded. This approach appeared to work well for organizations with assembly lines and other mechanistic, routinized activities.”(Carter McNamara, 2009) Also, Taylor was known as the “father of management thought.” He developed four principles to increase efficiency in the workplace based on his own experience and observations as a manufacturing manager (George, 2009, p.43). “According to Taylor, management needed to do three things to increase productivity (and thus profits). First, the most efficient tools and procedures had to be developed and applied. Here, Taylor relied on so called time and motion studies, which concentrated on identifying the most economical set of physical movement associated with each step of a work process.
To begin, Slater Mill was the first mill in America. It lies in Pawtucket Rhode Island on five and one half acres of land. It was established in1793 by Samuel Slater. The Slater Mill is where the industrial revolution began. It turned work from hand to machine.
By 1890 Standard Oil of Ohio Company controlled 88% of the refined oil flows in the United States and the company made John D. Rockefeller the richest man in modern history. Another industry at that time was the clothing industry. In 1873 Levi Strauss and Jacob Davis patent "Blue Jeans". Using heavy duty cotton cloth and copper rivets they produce trousers that are virtually indestructible aimed at Miners, Farmers, Mechanics and cattle raisers. Blue Jeans helped improve the productivity of heavy duty workers.
They approached Central, company manufacturing blades and also having two own brands. Ambassador has the option to take over distribution of Centrals brands or go for their own brand. Market Situation Analysis The blade market is comprises of Stainless steel blades and Carbon steel blades. Stainless Steel blades are used mainly by the upper income groups and the Carbon steel blades are mainly used by the lower income groups. The blade market is a highly competitive market.
History of Coca-Cola Coca-Cola, the most recognized logo in the world. The Coca-Cola Company is the largest beverage company in the world. Starting just as a thought has become an icon and a demand of consumers across the globe. Jacob’s Pharmacy, Atlanta, Georgia, was the birthplace of Coca-Cola. In 1886, Dr John Pemberton took a three-legged brass kettle in his backyard to create the formula for Coca-Cola.
In 1960 Mattel became publicly owned and was listed in the New York and Pacific Coast Stock exchange. Only 5 years later Mattel made a sales top of 100 Million US Dollar and joint the “Fortune 500”. 1986 they acquire the Hong Kong based industry ARCO and create a joint Venture with Bandai, Japans largest toy company. In 1997 Mattel’s Global Manufacturing Principles were established. Mattel is the first global consumer products company that established a framework within which all of the company’s manufacturing must be conducted and who applied such system to its facilities and core contractors all over the world.
The development of the stationary steam engine was an essential early element of the Industrial Revolution; however, for most of the period of the Industrial Revolution, the majority of industries still relied on wind and water power as well as horse- and man-power for driving small machines. The first real attempt at industrial use of steam power was due to Thomas Savery in 1698. He constructed and patented in London a low-lift combined vacuum and pressure water pump, that generated about one horsepower (hp) and was used in numerous water works and tried in a few mines (hence its "brand name", The Miner's Friend), but it was not a success since it was limited in pumping height and prone to boiler explosions. Newcomen's steam powered atmospheric engine was the first practical engine. Subsequent steam engines were to power the Industrial Revolution The first safe and successful steam power plant was introduced by Thomas Newcomen before 1712.
Few people know that the first vehicle able to transport people or tow heavy loads with the help of a mechanical device drove in France as early as 1769. It was a steam engine driven cart designed and built by Nicolas Joseph Cugnot.It was used for a period of two years by the army as an artillery tractor. Since this "car" was quite impractical it was abandoned and no further development of steam driven cars took place in France. In England however several steam engine driven vehicles were developed between 1800 and 1865. In 1865 the Locomotive Act became active requiring self propelled vehicles on public roads to be preceded by a walking man waving a red flag and blowing a horn.
England’s Calder Hall nuclear power station opened in 1956 and was the first commercial nuclear power station in the world (Nuclear energy, 2012). In December 1957, the United States’ first nuclear power plant became operational at a shipping port in Pennsylvania (Nuclear energy, 2012). As of Fall 2011, the number of commercial nuclear reactors had increased to 440 in 30 different countries (Davis, 2011). In 2011, the United States was operating 104 nuclear reactors generating 790 billion kilowatt-hours (U.S. Energy Information Administration, 2012). These reactors are currently able to supply just over 19% of the nation’s electricity needs (U.S. Energy Information Administration, 2012).
Case 4: Kanthal A Industry and its relevant characteristics Kanthal was a major producer and seller of electrical resistance heating elements. It was the largest out of six division in the Kanthal-Hoganas group. It had over 10,000 customers worldwide with 95% of its sales attributed to exports. Competitive Environment Kanthal was made up of three divisions that were competing in the global market. Through the first division that supplied electrical appliances and heating systems it helped the company dominate 25% market share, making it a world leader in supplying heating alloys.