The richest man in the world‚ in his time‚ was Andrew Carnegie. His story of success was truly one of rags to riches. After coming to the U.S. from Scotland as part of a working-class family‚ he moved from job to job‚ eventually becoming more influential and gaining a large sum of money. Soon he was using his wealth to contribute to many public services‚ such as libraries and schools. Andrew Carnegie ’s life and actions have left a long-standing legacy and have contributed greatly to the American
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SARAFINA HOTEL. P. O. BOX 307‚ ARUSHA. Mobile: 0753347090. Date: 10 - 05
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There was a lot of famous people in the 19th century‚ either by what they did or money wise‚ or both. However Andrew Carnegie‚ John D. Rockefeller‚ and Cornelius Vanderbilt were very famous during this time in industry. Therefore‚ they were very important people with money. Andrew Carnegie was born on November 25‚ 1835‚ in Dunfermline‚ Scotland. In 1848 moved to America in search of better opportunities. His education ended when they moved to America. He soon found a job as a bobbin boy at a cotton
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Carnegie‚ Andrew ‚ 18351919‚ American industrialist and philanthropist‚ b. Dunfermline‚ Scotland. His father‚ a weaver‚ found it increasingly difficult to get work in Scottish factories and in 1848 brought his family to Allegheny (now Pittsburgh)‚ Pa. Andrew first worked in a cotton mill as a bobbin boy‚ then advanced himself as a telegrapher‚ and became (1859) a superintendent for the Pennsylvania RR. He resigned (1865) his railroad position to give personal attention to the investments he had
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Corporate Responsibility and Marketing Strategies Deanna Williams Dr. Antony Jacob Contemporary Business July 21‚ 2014 Social and ethical responsibility is how a company will use all its resources in a way that will benefit people and society not only physically but also socially. Social responsibility is defined as “The idea that businesses should not function amorally‚ but instead should contribute to the welfare of their communities”. Social responsibility covers not only shareholders but
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Andrew Carnegie: The Charitable Captain of Industry During the time period after the Civil War and nearing the twentieth century‚ America’s economy was in prime position to be molded – all America needed was someone to come along to mold it. Businesspersons like Cornelius Vanderbilt and entrepreneurs like John D. Rockefeller were prime examples of exactly whom America needed to take charge of the economy at this time; however‚ there was one man who was not only a self-made steel tycoon and one of
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The global financial meltdown uncovered many social norms previously unimagined. The number of people who lost their jobs due to the financial situation is appalling. Interestingly‚ this does not mean that multi-national corporations are necessarily suffering. Most of the established companies with branches all over the world took the excuse of the financial breakdown to benefit. All of a sudden‚ it was okay to lay off people on the pretext of financial gloom. This means that a few people were benefiting
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What is corporate social responsibility? Give arguments for and against social responsibility? Ans. Social Responsibility Social responsibility can be defined as: “A business’s obligation to follow goals that are good for both organization and society in the long-term‚ and are not required by law.” Corporate Social Responsibility The term "corporate social responsibility" came in to common use in the early 1970s. It means the duty of an organization towards society in order to prove itself
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yourself. Andrew Carnegie‚ one of the richest people in history‚ was once a telegraph messenger boy who immigrated from Scotland. 40 years later‚ he owned the most extensive steel empire in the world. It is important to know who you are so that you can make the decisions crucial for your success‚ just like Carnegie. Carnegie’s uncle recommended Carnegie to become a telegraph messenger boy in the Ohio Telegraph Company. Carnegie could have chosen another job to begin his career‚ yet Carnegie listened
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agreement * A legacy of giving and service * Giving time‚ talent‚ and business strengths to make stronger communities * Invest career development and well-being of our team * 5% of income is given back to the community Corporate Responsibility What Target Stands For: * A legacy of giving and service “Supporting communities through giving has always been a cornerstone of our business and a belief that guides so many of our decisions. Each year‚ we’ve given 5 percent of
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