Andrew Carnegie‚ a Scottish immigrant‚ rose from a job cleaning bobbins in a textile factory to become one of the richest men in America. While Carnegie was a teenager‚ his skill as a telegraph operator caught the attention of Tom Scott. Scott hired Carnegie and lent him money for his first foray into Wall Street investment. In 1872‚ Andrew Carnegie built the world’s largest‚ most up-to-date steel mill in Braddock‚ Pennsylvania. At the time‚ steelmakers produced about 70 tons a week and in 20 years
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Andrew Carnegie: An American Captain of Industry By far the most profitable businessman during his age‚ Andrew Carnegie left his mark on industry‚ and profoundly impacted the expansion of business enterprise in America. Essentially‚ Carnegie rose from poverty to become one of the most influential‚ industrial tycoon’s in history by single-handedly building the American steel industry. During his time‚ Carnegie was known as being a prolific writer‚ but is most remembered for the entrepreneurial‚
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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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Morgan Stanley has earned a worldwide reputation for excellence in financial advice and market execution. Today‚ Morgan Stanley is employing over 51‚000 members in about 27 countries connect people‚ ideas and capital to help their clients reach their financial needs and future goals. (http://www.morganstanley.com). Ever since the year 1997‚ Morgan Stanley has joined forces with two respected organizations. Morgan Stanley‚ which was established in New York in 1935 combined with Dean Witter‚ which
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main focus of this essay is to present an analysis on Morgan Stanley’s business condition and troubles they were facing in the past and to provide solutions to solve their struggle. First‚ we will evaluate Morgan Stanley’s business by using the Porter’s 5 Competitive Forces Model. Then‚ we will illustrate the changes in the firm’s value chain before and after June 2005 by using the Value Chain Model. More than that‚ we will also analyze Morgan Stanley’s business by using the Management‚ Organization
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Morgan Freeman is an actor‚ director‚ and narrator who known for having a prominent and convincing speaking voice as well as a peaceful demeanor. Morgan Freeman is an actor I admire for his dedication to film and continuous movie roles throughout the years beginning in 1971. There has not been a movie so far that I have seen staring Morgan Freeman that I have disliked. My favorite movie that Morgan Freeman stared in was Along Came a Spider in which he played Detective Alex Cross a forensic pathologist
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HRM Case 4 – Rob Parson The given case describes the general hiring process of Morgan Stanley and how their employees are evaluated. The main purpose of this text is the evaluation of Rob Parson and whether or whether not he is suited for a promotion becoming managing director of a certain branch of the company. The text gives a description about Rob Parson past‚ academically in his job career prior to Morgan Stanley and how his colleagues describe him. In addition to this Paul Nasr is also described
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be considered an exception when ⅕ of the population held slaves(Morgan 121)? Many historians believed slavery was not an exception either. Morgan states in his essay “Slavery and Freedom: The American Paradox”‚ American freedom and slavery should be considered together because they developed off each other. The development of slavery; joined with the rise of liberty and equality‚ formed a natural paradox in American history (Morgan 121). To begin‚ blacks are equally credited to America’s development
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The life of Andrew Carnegie is a good example of a real "rags to riches" story. He was born to a poor Scottish family that immigrated to the United States. Later‚ Carnegie became a powerful businessman and a leading force in the American steel industry. Now‚ he is remembered as an industrialist‚ millionaire‚ and philanthropist. With Carnegie’s creed that the wealthy population had an unwritten obligation to give back to society‚ much of his fortune was donated to causes concerning peace and education
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Andrew Carnegie had liberal thoughts‚ as expressed in his Gospel of Wealth. I agree with the issues addressed in the Gospel of Wealth‚ such as giving your money away before you die‚ to further society. The purpose was to give the money away before you die‚ so you can regulate where the money goes‚ and that you can assure yourself that it will go to a worthy cause. As said in the gospel of wealth‚ everyone should be able to make as much money as they can‚ but they should give back to the society-
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