How Stepper Motors Work Stepper motors consist of a permanent magnet rota ng sha ‚ called the rotor‚ and electromagnets on the sta onary por on that surrounds the motor‚ called the stator. Figure 1 illustrates one complete rota on of a stepper motor. At posi on 1‚ we can see that the rotor is beginning at the upper electromagnet‚ which is currently ac ve (has voltage applied to it). To move the rotor clockwise (CW)‚ the upper electromagnet is deac vated and the right electromagnet is ac vated‚ causing
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Pricing objectives and pricing methods in the services sector George J. Avlonitis and Kostis A. Indounas Department of Marketing and Communication‚ Athens University of Economics and Business‚ Athens‚ Greece Abstract Purpose – The purpose of this research paper is to explore the pricing objectives that service companies pursue along with the pricing methods that they adopt in order to set their prices. Design/methodology/approach – An extensive review of the literature revealed the complete
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13 Version 1.0 Year 2012 Type: Double Blind Peer Reviewed International Research Journal Publisher: Global Journals Inc. (USA) Online ISSN: 2249-4588 & Print ISSN: 0975-5853 Global Journal of Management and Business Research A Case Study of Siemens’ Violation of Business Ethics in Argentine Based On Stakeholder Theory By Zhu Wenzhong & Fu Limin Guangdong University of Foreign Studies (GDUFS) Abstract - Hand in hand with prosper of International business brought by globalization‚ many ethical
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Case: The Bribery Scandal at Siemens AG 1. There is no question that ’bribing’ is unethical and illegal. However‚ nowadays there are a lot of developing countries in which corruption and bribing is a common practice and large companies that are targeted to expand to those countries’ markets have no other option but to pay government officials or other demanding individuals. In the Siemens case which involves bribing for contracts it is partially understandable if the company’s convicted managers
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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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SIEMENS: 1. Identify four benefits to Siemens of its in-depth training and development of workers. Ans. Training refers to increasing the knowledge‚ skills and attitude of employees or extending those the employees already have. Siemens as the top three electrical and electronic companies has been running various effective training programs for their employees in order to build a strong work force and thus contribute better services to the society. In order to do that‚ they are providing their
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Siemens AG Financial Analysis Capital Structure and current financial situation 12/5/2012 Andon Pavlov‚ 296181 Company Review Siemens AG is a German multinational engineering and electronics conglomerate company headquartered in Munich‚ Germany. It is the largest Europe-based electronics and electrical engineering company. Siemens’ principal activities are in the fields of industry‚ energy‚ transportation and healthcare. It is organized into five main divisions: Industry‚ Energy‚ Healthcare
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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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SCANDAL IN SIEMENS (2006) In November 2006‚ Siemens company the Germany’s industrial giant had been involved in the largest bribery scandal that Germany had never experienced before. Managers used to secure abroad contracts by paying bribes to their clients. Is this an unethical behaviour or just a way to make profits for their company as they pretend that they didn’t make any personal gain? Is this behaviour could be considered as a sort of lobbying? What are the lessons Siemens had learned
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Siemens Bribery Scandal By: Courtney Miano‚ Nancy Gonzalez‚ Mohamed Jawhar‚ Vernita Leslie‚ and Ferba Hines Siemen’s is classified as a large German electronics firm. In December of 2008‚ Siemens had to settle lawsuits and pay fines due to the fact that they were caught using bribes to win business all over the world. The fines totaled a net amount of 1.6 billion. Between 1999 and 2006 when the company was raided‚ Siemens reportedly paid around 1.4 billion dollars in
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