In electricity generation‚ an electric generator is a device that converts mechanical energy to electrical energy. A generator forces electrons in the windings to flow through the external electrical circuit. It is somewhat analogous to a water pump‚ which creates a flow of water but does not create the water inside. The source of mechanical energy may be a reciprocating or turbine steam engine‚ water falling through a turbine or waterwheel‚ an internal combustion engine‚ a wind turbine‚ a hand crank
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The case study of Siemens’simple structure－not Question 1 Based on the case’s description‚ Siemens has a long history. It means that it took for a long time to form the current structure. It is truly global company offering a portfolio of technological solutions in the areas of water‚ energy‚ environment‚ healthcare‚ productivity‚ mobility‚ safe and security. The changing is a big revolution which involves the many departments. The issue of departmentalization is a key consideration in any restructure
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Slide1 : Siemens AG‚ a $73 billion electronics and electrical-engineering conglomerate. Siemens is well known for the technical brilliance of its engineers‚ but much of their knowledge was locked and unavailable to other employees. Facing the pressure to maximize the benefits of corporate membership of each business unit‚ Siemens AG needed to learn to leverage the knowledge and expertise of its 460‚000 employees worldwide. Slide 2: The roots of knowledge management at Siemens go back to 1996
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BUSINESS 2710 – 081 Assignment #1 Name: Janel Nugent ID: 201133618 Creating a Process-Oriented Enterprise at Pinnacle West 1. Brown had to make a lot of changes in order to develop a process-oriented organization. Some of the major changes that were implemented were: Creating the Center for Process Excellence as a way to redesign and standardize the knowledge surrounding a process-oriented organization. Maintenance resources in the power stations had to be changed in order to be better prepared
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1) What explains the high level of corruption at Siemens was how it was legal at one point in time to offer bribes‚ but once the law changed‚ Siemens continued to do brides that was once legal but now illegal. Also‚ when the company continued bribery‚ Siemens transferred money into a hard-to-trace bank in Switzerland to protect their business and help them win contracts. Managers rationalized it as the bribes being useful money‚ but in a way they were still making profit‚ and bribes were used as
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Kaizen Costing A Report Kaizen Costing The ultimate objective of manufacturing industries today is to increase productivity through system simplification‚ organizational potential and incremental improvements by using modern techniques like Kaizen. Most of the manufacturing industries are currently encountering a necessity to respond to rapidly changing customer needs‚ desires and tastes. For industries‚ to remain competitive and retain market share in this global market‚ continuous improvement
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employed for motion control are called drives and employ any of the prime movers such as diesel or petrol engines gas or steam engines hydraulic motors and electric motors for supplying mechanical energy for motion control. Drives employing electric motors are known as Electrical drives. Fig 1.1 Block diagram of an Electrical Drive The advancement in electric drive system is very much related to the development in the power semiconductor devices technology. The introduction of the Silicon Controlled
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Costing Methods Paper ACC/561 7 March 2013 Costing Methods Paper Super Bakery‚ Inc. has broadened its footprint by taking on a new cost system that result in fair pricing by activities instead of product. The strategies used by the company were clear to make the improvements needed to move the company forward. Other cost systems were considered but the activity-based costing approach was best suited to the company’s needs. The job order cost system and the process cost system
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1. • In your opinion‚ is “bribing” unethical & illegal or just a cost of doing business? Discuss this in light of Siemens’ bribery scandal. We believe that bribing is unethical because it takes away the fairness of a business transaction between bidders of a contract. Bribing also has a negative impact on competition because it allows for oligopolies and monopolies to emerge in an industry due to smaller competitors being unable to financially compete with the amount of the bribes. This in
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right time and the right place. Accounting was delay the recording of transaction during process is known as back flush accounting. The system is the transaction was only recorded once the product was completed. Back flush accounting is the system that focuses on the output of organization and then work backwards when allocating costs between costs of goods sold and inventories‚ with no separate accounting for work in progress. According to ACCA article‚ in back flush accounting costs are not associated
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