Collapse of the Weimar Republic and the Rise of the Nazis...

Collapse of the Weimar republic/ Rise of the Nazis This essay will examine how the lack of effective opposition and the weakness of the Weimar, was a major factor in the Nazis rising to power between 1919 and 1933. On the 28th of June 1919, a peace treaty, also known as the treaty of Versailles, was signed, ending the First World War. The treaty had a humiliating effect causing great resentment. Germany had no choice but to accept the terms of the treaty, which later had a considerable impact on the countries running. The negotiations for this treaty took six months, at the Paris peace conference. Germany was forced to accept all responsibility for causing the war, making substantial territorial concessions along with disarming,†¦show more content†¦By introducing proportional representing, it was extremely hard for any party to receive a majority of the votes within parliament, this led to the creation of coalition governments. During the period of 1919-23, Germany endured great political upheaval, firstly, in January 1919 when the Social Democratic Party oppressed the rebellion of the communists, better known as The Spartacist Revolt. Between March and May 1919, the communists were suppressed by the Freikorps, where they attempted to takeover the Munich and Soviet republic. They were ordered to crush the revolt and shoot anyone carrying a gun, Then in March 1920, the Kapp Putsch took place, which attempted to overthrow the Weimar government but failed, following a general strike instigated by the trade union workers. In 1923, Belgium and France invaded the Ruhr due to Germany’s failure to repay the massive reparation payments. They entered industrialised areas of Germany resulting in workers striking which caused problems and had a devastating effect on the German economy. In order to help with the strike and reparations the government printed more money. They printed astonishing amounts of money leading to hyperinflation, which affected the price of goods. The Weimar was crumbling, people on fixed incomes were adversely affected by the hyperinflation, their pay remained the same, and this caused financial ruin in the Weimar. However, financers, industrialists and landowners benefitedShow MoreRelatedTo What Extent Did the Collapse of the Weimar Republic Lead to the Rise of Hitler and the Nazi Party?2086 Words   |  9 PagesTo What Extent Did the Collapse Of the Weimar Republic Lead To The Rise Of Hitler and The Nazi Party? During the process of choosing a topic, I had many ideas that I wanted to research. I thought about exploring areas in Art and English but I constantly kept having thoughts about history. I love to learn about our history and I was attracted to choosing a topic that had to do with Hitler’s Germany. History is one of my most favorite subjects in school. I always look forward to becoming more educatedRead MoreReasons for the Rise of Nazi Party and the Collapse of the Weimar Repu1102 Words   |  5 PagesWhy did Hitler rise to Power and why did the Weimar Republic collapse? Hitlers rise to power was the result of many factors, but Hitlers ability to take advantage of Germanys poor leadership and economical and political conditions was the most significant factor. His ability to manipulate the media and the German public whilst taking advantage of Germanys poor leadership resulted in both the collapse of the Weimar Republic and the rise of Hitler and the nazi party. During the early 1920sRead MoreEssay on The Rise of the Nazi Party1091 Words   |  5 PagesThe Rise of the Nazi Party Hitler’s rise to power was the result of many factors, but Hitler’s ability to take advantage of Germany’s poor leadership and economical and political conditions was the most significant factor. His ability to manipulate the media and the German public whilst taking advantage of Germany’s poor leadership resulted in both the collapse of the Weimar Republic and the rise of Hitler and the nazi party. During the early 1920s, Germany was struggling with economic instabilityRead MoreThe Collapse of Weimar and the Rise of Hitler Essay1035 Words   |  5 PagesThe Collapse of Weimar and the Rise of Hitler In 1919, a defeated Germany was forced to abandon government under the Kaiser, who had fled to Belgium and adopt the Weimar, a democratic but flawed system. Soon after Hitler and the Nazi Party appeared, and years later the Weimar Republic fell. What accounted for the fall of the Weimar? My essay will prove that there was not a single reason, but in fact a series of events that lead to the collapse of the Weimar. Read MoreSteering the World toward World War II1186 Words   |  5 PagesSteering the world toward World War II there came a new kind of oppression that took hold in Europe. Representative governments were starting to collapse under the pressure of economic crisis. Desperate for relief citizens started to support political violence that would bring social and economic prosperity to Europe. As a result, authoritarian regimes started to rise up and take control over their citizens’ lives. Dictators such as Mussolini, Stalin, and Hitler appear out of large support and were praisedRead MoreThe Collapse Of The Weimar Republic1492 Words   |  6 PagesThe collapse of the Weimar Republic did not transpire from one sole reason, but from numerous short and long term factors. The immediate impact of the Great Depression definitely catalyzed the demise of the Weimar constitution, however the social, political, and economic instabilities built up the tension that triggered the initial collapse. These underlying issues fuelled governmental weaknesses, encouraging the psychological discontent with the Republic. This atmosphere of disarray enabled theRead MoreHitlers Rise to Power873 Words   |  4 PagesHitler’s rise to power was not inevitable. It depended heavily on a range of factors, events and circumstances that were occurring at the time. The most important of these being, the collapse of the German economy, the failed beer hall putsch and the weakness and infighting of the Weimar Republic. It was only through a combination of these unlikely circumstances that Hitler was able to come to power. One of the key events that allowed Hitler to come to power was the collapse of the German economyRead MoreThe Rise And Fall Of The Third Reich1193 Words   |  5 PagesThe Weimar Constitution was a genuine attempt to create a perfect democratic country. In his book The Rise and Fall of the Third Reich (1960), American historian William L. Shirer described the Weimar Constitution as on paper, the most liberal and democratic document of its kind the twentieth century had ever seen ... full of ingenious and admirable devices which seemed to guarantee the working of an almost flawless democracy.† The constitution guaranteed equal rights to the German people, yet alsoRead MoreThe Changing Attitude of Germans Towards The Nazi Party Essay1697 Words   |  7 PagesThe Weimar Republic was formed on unstable ground, born out of Germany’s defeat in the First World War. The Republic suffered its first major blow when Germany was forced to sign the Treaty of Versailles, which cause d major economic problems for the relatively young country. From 1924 to 28, the Nazi party had little support from the German public. This lack of support was due to the success of Stresemann’s policies and the country was now stable and flourishing, after the events in the Ruhr andRead MoreThe Rise Of Interwar Fascism1389 Words   |  6 PagesDid the rise of interwar fascism have more to do with the personalities of the leaders or the historical circumstances of the 1920s and the 1930s? Adolf Hitler’s fascist Nazi party is one of the most resounding memories of the 20th Century. Nazi symbols still conjure images of horror and evil over 70 years after they spread across Europe. In the 1928 German Federal election the Nazi’s polled 810,127 votes, just 2.6% of the total votes. By the 1932 election this number had jumped sharply to 13,765

International Business Strategy Of Mnc In Emerging Markets - Free Essay Example

Sample details Pages: 10 Words: 3059 Downloads: 6 Date added: 2017/06/26 Category Business Essay Type Research paper Did you like this example? The research aims to observe the different adaptive strategies employed by the multinational corporationà ¢Ã¢â€š ¬Ã¢â€ž ¢s (MNC) while it enters the emerging economies, analysing market potential, business growth, and the foreign direct investment in the country, with its effects on the (GDP) gross domestic product and corporate social responsibility of the emerging market. Objectives The objective of this research is to gauge in the success or failure of the difference in approach applied by the multinational corporationà ¢Ã¢â€š ¬Ã¢â€ž ¢s (MNC) to the emerging market how effective is the strategy and what scope and the way to enter the new market through a merger acquisition or its own subsidiary to function in those testing environment. Don’t waste time! Our writers will create an original "International Business Strategy Of Mnc In Emerging Markets" essay for you Create order Introduction Multinational enterprises (MNEs) need to adjust to the multifaceted business environment of each host country (Dunning and Lundan, 2008a)  [2]  . This challenge Increases with the differences between the foreign and MNEà ¢Ã¢â€š ¬Ã¢â€ž ¢s home environment. The More à ¢Ã¢â€š ¬Ã‹Å"distantà ¢Ã¢â€š ¬Ã¢â€ž ¢ is a host country from the organizational centre of the MNE, physically And in terms of mutual understanding, the more the à ¯Ã‚ ¬?rm has to bridge differences in Culture, in laws and regulations, and in human resources (Ghemawat, 2007)  [3]  ; Shenkar, 2001)  [5]  . MNEs must adapt their business strategies and organizational forms to manage these differences (Kogut and Singh, 1988; Kostova and Roth, 2002)  [6]  . With the development of the international business in the developed economies of the world, they faced saturation of their domestic markets which led them to search for alternate markets for their product and services. There was an immediate surge to cut down the cost of labour which was rising, forcing them to implement cost cutting strategy, which in turn led to the growth of international business, In the beginning the company would engage in export and import however with the change in the time, technology, availability of cheap labour and transport it has made it easier for these companies to target international shores for business Literature review This is research aims at formulating the scope of the international strategy in the emerging markets by analysing the current situation of the economyà ¢Ã¢â€š ¬Ã¢â€ž ¢s and the theories applied to the context of emerging nation in the past taking into consideration the degree of their effectiveness into account and postulating new perspective and dimension to it. The analysis of the early phase of the market emergence, Institutional theory helps in comprehending the impact on the enterprise strategies this is due to the strong influence of the government in the emerging economyà ¢Ã¢â€š ¬Ã¢â€ž ¢s to that of developed economies . The role of institutional theory is reviewed in context to the other theories and their interactions in understanding the emerged and the developed market economies. The International business strategy adopted by the MNC for the emerging markets has played a significant part for their market entry against the barriers to the host country. THREE PERSPECTIVES ON STRATEGY IN EMERGING ECONOMIES When we analyse the market in the emerging economies with respect to its earlier phase of emergence, it is the institutional theory which is the most significant in helping to explain the impacts on enterprise strategies. This is due to the influence exercised by the government and societal are stronger in these emerging economies as compared to the developed economies. As market matures, transaction cost economics and, subsequently, the resource-based view is more important. However, there is a fervent need to consider the importance of the interactions between institutional theory and other theories to increase our understandings of the emerging and developed market economies by drawing the differentiating between them. An Institutional Theory Perspective The role played by institutions in emerging economies. Institutional theory emphasizes the influences of the systems surrounding organizations that shape social and organizational behaviour (Scott, 1995)  [13]  . From a sociological orientation, Palmer, Jen-nings, and Zhou (1993)  [21]  discussed industrial reform in China and attributed its success to market-leaning institutional change, gradual relaxation of state owner-ship and control, and development of private prop-erty rights. Research implications The number of theoretical and empirical studies using an institutional perspective in emerging economies is limited, even though some theorists have argued that this perspective is the most applicable paradigm for explaining enterprise behaviour in emerging economies (Shenkar von Glinow, 1994)  [23]  pointed out, the process of institutionalization should be of interest in future theoretical and empirical work. A Transaction Cost Economics Perspective Transaction cost economics studies the firm-environment-ronment interface through a contractual or ex-change-based approach (Williamson, 1975)  [30]  . Limitation The criticisms and recent development in the literature which is identified above are apt in comprehending the strategy of the enterprise in emerging economies, as the transaction cost economics has been applied primarily to the developed market economies which are characterized by their strong legal regimes and binding social norms, less is known about governance structures for transaction cost in emerging economies. Choi, Lee, Kim (1999)  [32]  . High transaction costs would refer to a preference for hierarchical governance structures over the private market. Opportunistic behaviour, normally reduced by contract law, trust, or reputation, is also much more likely under such circumstances. As per the scholars the most efficient governance structure in emerging economies is hybrid structures dominating both markets and hierarchies is the solution. For example, Peng and Heath (1996)  [33]  argued that it is difficult for emerging market firms to grow internally or throug h mergers and acquisitions owing to lack of property rights and unstable political structures. They suggested us-in networks as a hybrid strategy. By pooling and coordinating resources, firms can achieve economies of scale and scope, and organizational learning can occur. Resource-Based Perspective The resource based view regarding the emerging economies, the central questions addressed by the re-source-based view concern why firms differ and how they achieve and sustain competitive advantage? Penrose (1959)  [41]  , who found that the Hollywood film industry pro-vided a context that changed over time and created different strategic assets as changes were made. To this point, little research using a resource-based-view framework has examined strategy differences in the social context of emerging economies. Adapting theses theories in the research for the thesis with a new perspective and dimensions the research on the international strategy of MNC in emerging market is further investigated to find the answers to certain question during the course of the research. A) What are the effects of strategy on the Mnc in respect to the modern times? b) How difficult is the task of MNC easy to settle down in a new country? c) What are the real barriers to the entry of t hese MNc? d) Does the strategy adopted really help with respect to CSR? e) Do the theories by scholar on emerging market have any positive inference on the MNC f) The role of govt in the smooth transition and policies g) Are the MNC a success or Failure with their normal global strategy h) How do the cultural differences is an obstacle in the way of MNC Challenges /Difficulties The MNC entering for the first time, may benefit from a relatively low informal distance which is most likely to increase their co-operation between with the local firms with respect to their understanding the barriers to communication, however with the difference of geographical distance there is a burden for the MNC to bear the cost involved in communication and co-ordination as cultural differences are most likely to hinder the smooth functionality and the firm may find it difficult to incorporate the existing operations with the local firm or they may establish a co-owner relationship with the local firm rather than functioning on their own, however to ease their functioning it has to co-operate with the local firms to resolve differences pertaining to the cross culture issues. Institutional differences may be reduced over a period of time by experimental learning, moreover it may benefit from the local firms contacts in the market like the local supplier distributor and the lo cal authorities, hence it reduces the investors direct contact with the unknown local environment which is an added advantage and it gets the existing information of the market through the local firm The Research Methodology In this research would aim to use both primary and secondary method to go in-depth to have an insight of the emerging market what are the strategy barriers for foreign investors like an MNCà ¢Ã¢â€š ¬Ã¢â€ž ¢s how could it be made smoother the support from the government, Primary source This method is applied to retrieve information by the researcher for the first time for a specific purpose of their field of studies. It constitutes Questionnaire Direct observation, Interviews and surveys, in this particular research the application of questionnaire and survey does exist however with the diverse field like a MNC which is in an emerging market hence it is too broad not required. Secondary Sources This method states the information is already compiled by someone who did a research prior to the current one in a similar field for some other objective, the secondary data is classified into two internal and external data, the information in the form of data compiled within the company is Internal and the information which may be retrieved from external sources like libraries, journals, websites, business magazines, articles. The main components of secondary data are Book review The books which are relevant to the thesis along with the articles and journals would be reviewed for data and theories for the research. Internet research This would give an insight to the markets past history and provide comprehensive data source for the research along with the articles that are available to browse useful for the research. Documents The documents published by the MNC in the emerging market would be used a useful literature for the research to draw a comparison from past performance and the transition into the new country in regards to the financial statements and distinguish it with other MNC on success and failure The advantages of secondary source of research is its availability and accessibility with the low cost involved to retrieve the information and another aspect of secondary data could be observed closely for a longer duration it is not time bound, although it does have its own share of demerits as the information pertaining to the current research may not have been collected or the other dimension or area or research could be extremely different with aim and objective contrasting each other with the region directed a specific population that may not be the researchers sphere of interest. Data collection The strategy employed for assembling data need to a multi-dimensional with a modern approach as data pertaining to market of emerging economies keep on changing on a day to day hence the conventional sampling approach can be difficult to implement for example the various sources of data like telephone directory, government data could become rapidly outdated. The data which may be collected from a company may not necessarily be consistent in comparison to the data possessed by the government authority hence it thus become a significant factor to collaborate the different studies to analyse and find the right method for data collection with questionnaire, surveys being dependent on the postal service. Hence Collaborative projects with local researchers using face-to-face interviews may be a key means of gaining access to data sources (Lee Miller, 1999)  [43]  used quantitative questionnaires, qualitative interviews, and multiple informants to increase the validity and reliabilit y of their measures of organizational competence, variable measurement do pose a number of problems that present a difficulty in strategy research in emerging economies. The data collection is further classified into primary and secondary data source. Primary data source The data collected for the first time by the researcher applicable for the research purpose through a direct interview or questionnaire constitutes the primary data; however in the research we do employ the use of a questionnaire technique for the purpose of primary data collection. Questionnaire It is one of the most reliable means of credibly collecting data which has a reasonably low cost associated hence making it more adoptive for the research, the questionnaire is designed with multiple objective question for the managers of the MNC, to gauge the strategy which were adapted from their general course of business to meet the emerging markets. Secondary data The data collected by the prior researchers for their research in the similar field, are the alternate source for the current researcher to fall back on as it provides an insight to the data required, due to the difficulty in collecting data by means of primary sources secondary sources prove to be very useful. There are three secondary sources employed in the research. Book review The data collected through the literary sources like articles, newspaper, business magazines, and journals, regarding the strategy of MNC on emerging market, with the availability of most of the literary sources at the university library, business journals , electronic journals accessed through the university portal like Business source premier, Jstor, Emerald, and Google scholar helps in collecting data for the research. Internet Research Information retrieved from browsing the website of the MNCà ¢Ã¢â€š ¬Ã¢â€ž ¢s which would give an insight to the existing market as well as the earlier market data for the past 5 to 10 years providing a new dimension to distinguish and collate data, the information in these website gets updated on regular intervals hence access date is mentioned along with the reference. Documents The data compiled from the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s published documents over the years do provide a fresh perspective to the research The problems of Data collections The topic of the research is broad and hence it expands in volume due to the vast field of emerging market and international business strategy employed by different MNC, hence collating data on the emerging market is primarily available in a secondary form of data is voluminous turning out to be a little difficult to narrow down, as the research aims to narrow its parameter of data collection and concentrate on the specific set of goals to imbibe a good quality. The secondary source of data available might not be applicable to research in a larger context and might not provide the answers to the objectives of the research, the other difficulty that might arise would be the response of the questionnaire as it is an uncontrolled variable hence the low response might pose a question on the reliability of the collected data through it and the quality as well, these are a few challenges that pose a formidable threat in the success of the research. Data Analysis The collected data through the above means would be aligned in a logical, synchronized and sequential, organizational frame to analyse it and evaluate the data so that the applicable information could be take out from the data, the data analysis would undertake both quantitative and qualitative approaches. Quantitative method This approach centres on numbers which are employed as characteristics to quantify data the outcome is numerical form of a recoded data which is further used for statistical analysis, this proves to be a reliable tools providing the numerical data for the empirical study and statistical analysis, this is further classifies into descriptive and inferential. Descriptive statistics It constitutes a measure of central tendency which are required in the research like mean median and mode and the measure of variability like standard deviation which would provide a numerical analysis of the research Inferential statistics This statistical tool helps to test the hypothesis and the similar findings of the data sample and eliminates unwanted data by means of deduction With the statistical inference which are drawn out of the questionnaires survey and interviews of the research; the data could be presented in a graphical form, histograms and pie chart, during the course of the research Microsoft word excel and spread sheet could be used for the purpose of diagram representation and these tools will help to evaluate the research. Qualitative Approach Qualitative research is explores the meaning rather drawing an inference based on the numerical statistical analysis, hence its approaches include case study interviews focus groups. Literary criticism The way the data has to be drafted for the research aiming at the content applicable for the research purpose taking the theory and literature into account and critically evaluating them. Thematic coding à ¢Ã¢â€š ¬Ã¢â‚¬Å"The data collected is coded or labelled which is to classify data to gather relevant data making it more easily accessible and easy to understand as similar data is grouped in a thematic idea which makes comparison of different cases in respect to the research simpler for the researcher. Time scale and plan The research is planned in an organised framework, the planning and scientific collection of data using qualitative and quantitative method and evaluating it, filtering the required content and theories analysing the applicable data to the research, hence the time span is estimated to be 11 weeks , that is broadly classified as 1 weeks for data collection primary as well as 1 week for secondary data and then 1 week to evaluate the relevance then move on to the important part of literature review in the next 2 weeks , methodology of research would be aimed to completed in another 2 weeks data analysis 2 weeks and conclusion and 1 week to review and get peer review to get the better understanding the next week amend changes if required and finally submit within the week hence the research is completed in time and submitted in a effective and efficient manner. Conclusion The research topic gives food for thought, as the market is evolving hence it would highlight the changes undertaken by the MNCà ¢Ã¢â€š ¬Ã¢â€ž ¢s over the period of time in their strategy as in the earlier years Corporate Social Responsibility was not a significant part of the policies and strategy however with the change in time it has been realised the crucial role it plays for every multinational entity and provide comprehensive insight in the functionality and approach, this research will be conducted evaluating the secondary data due to its high authenticity and availability drawing inferences from the different theory applied by the prior researchers and finding new dimensions that is applicable to the times of today as we are pulling out of recession, hence low income countries are the lucrative market and cheap labour source presents an opportunity for the MNC to reap profit and the share knowledge and the country too benefits with the inward Foreign Direct Investment brin ging more employment and capital hence the topic of the thesis is dealt with a contemporary approach to provide a fresh perspective.

Instagram Free Essays

Introduction to entrepreneurship Midterm assignment Kevin Systrom, founder and CEO of Instagram Introduction Kevin Systrom is an American entrepreneur most known as CEO and founder of Instagram, the most popular worldwide sharing application. This program has 85 million users and 4 billion photos were shared. So what makes it so special? It is a combination of passion for photography and weal to make it easy and available for everyone by just using your mobile. We will write a custom essay sample on Instagram or any similar topic only for you Order Now Kevin says â€Å"It’s one thing to share the photo but another for that photo to look gorgeous and be something you would like to keep forever. †(Systrom,2012) The reason why I decide to report Kevin Systrom is in my opinion he gives the best example how great idea can be transformed into successful company in very limited amount of time. Second after completing my research I realized that innovation made by him would have huge influence on social network in future. Last but not least his set of mind, values and personal characteristics fulfill my vision of perfect entrepreneurial set of mind. Entrepreneurial path and mind-set Kevin Systrom was interested in entrepreneurship from very young age; his mother used to work for a monster. com back than and currently is an employee of Zip Car. Since that time technology was exiting for him, he took decision to go to private school that was an hour drive away in order to take computer science classes, as he considered them fun and useful. With the age of 12 he found the way to block his friend cursors and knock them offline. In his free time Kevin was creating websites for his friends and classmates, an example can be PhotoBox created in order to post pictures from latest keg party. He applied to Stanford with the intent to study computer science, but after taking the first course in advance programing he realized it was probably not a right thing for him. He used to spend 40 hours per week studying it and could barely get B. So he switched to management science. He says, â€Å"It basically taught me how to be an investment banker. †(Systrom,2012) What really stands out for me is Kevin,he is really open minded and ready to explore new things. He is always looking for opportunity to get some experience even if it doesn’t seem applicable at the moment he believes it can be useful in long-term perspective as long as you do intellectual activities. During his junior years in Stanford he went to Florence, Italy in order to study Photography. Combing this experience with his technological background helped him to create open platform for visual media, which gained such a success. Being in Florence he also applied for a program created for young entrepreneurs, the core idea of it put students in groups of 12 people and paired them with successful entrepreneurs in order to share experience about structure of deals, fundraising and recruitment of people. The program’s co-director, Tina Seelig, says, â€Å"Systrom stood out as an obvious  ­entrepreneur, he was always building things—always experimenting. It was in his nature to be looking at the world through the lens of ‘Where’s the opportunity here? ’† (Bertani, 2012) He completed his first summer internship at Odeo (that would later create Twitter), it was where he realized that he wanted to become and entrepreneur and got the first real feel of it. During this internship an important contact was made, he was working in a pair with Jack Dorsey, later the creator of Twitter. In future he will help Instagram to gain that popularity. Once Systrom was hired for a project manager position at Google. After about a year working there he realized his hunger for a start up. Soon after he came up with the idea of Instagram, called Burbn back than. In winter 2010 Stanford education and his ability to communicate helped him to make right connections for the future. It is important to meet people, communicate and keep in touch, that what in the end really makes difference. Steve Anderson, whom he met during his VC meet ups, got interested in his idea and agreed to invest $250,000 needed to start the company with the only condition, he wanted Systrom to bring in cofounder. He contacted Mike Krieger, another Stanford graduate with a majored degree in symbolic system, and proposed to join Burbn as cofounder. Mike got interested in this offer. It was the first check in service that he actually liked, so he accepted the offer. Systrom was able to identify a gap in a market place; it was decided to create photo- only, mobile-based service. He says, â€Å"It was an opportunity to create a new type of service, a social network that wasn’t based on a computer but computer in your hands†(Systrom,2012) His creativity and ability to come up with not obvious decision were crucial for the company development. Once during his holidays in Mexico, his girlfriend told him she wanted her pictures to look as beautiful as pictures of their friend, who was a fan of photography and used different filters. It was a point where Kevin realized what Instagram was missing and spent the rest of the day working on this idea. Not long after first filter was added to program features and users loved. It helped to make even average mobile picture special. On the 6th of October 2010 Instagram became available in apple app, over the night it was downloaded by 25,000 users. With a help of Adam D’Angelo, whom he knew from flat party in Stanford they managed to get on Amazon com servers. In a meter of month 1 million users were using Instagram on regular bases. In April this year Mark Zuckenberg offered to purchase Instagram for $1 billion, with Systrom’s skake of 40% or $400 million. It is quite shocking as Instagram is a company with zero revenue and only 14 employees, however Facebook is highly interested in a mobile platform with 85 millions users. â€Å"This is the first thing I’ve seen that feels like it’s truly native to mobile,† says Matt Cohler, the former VP of product management at Facebook. Bertani, 2012) It was decided that even after buying out, Kevin Systrom would run Instagram independently. The company is at the beginning stage of its growth. It’s currently working only with AOS, but Android and web will also be considered in future. Failure and actions As company activities are based on innovatio n the risk of is failure is quite high. There is a myth that successful startups based on single great idea Kevin however claims that there are only couple that entered and ended up doing exactly same thing. Idea is not something you can just wake up one day with, you have to take steps, find solutions and solve problems in order to create something valuable. In fact the idea of Instagram is based on another application created by Systrom, called Burbn. It was really simple and basic with only four different tabs, created as check in service, the innovative thing about it was like no other service Burbn gave people an option to attach their photos together with a location. It was discovered users are not checking in that much however they love to share their pictures. Burbn didn’t become successful. It was too hard to explain to people outside their friend group. Kevin and his team even joked that it didn’t pass the Bar test, meaning the idea was not clear enough to be explained in a noisy bar. It is important to present your product to customer as quickly as possible; it is a big mistake to wait for too long. The â€Å"right way to fail† is to fail early and often, in this way you don’t waste your recourses and you are able to identify if the direction in which you are working is right to fulfill people’s needs. Kevin believes that it’s totally normal to fail in the organization. Failure is required in order for right solution to be found. When Burbn was presented to people it turned out to be most Eye opening experience and he realized the idea has to be refined. The company was continuously failing with Burbn, so based on this experience the idea was changed. The check in was demoted and photos were promoted, in a new program (Instagram) you start with a photo and then optionally you can add a location and it turn out to make a huge difference. During the process of development filters were added and it was a break through for Instagram, as they realized they want to make photos better for people. Kevin states, â€Å"We were thinking how to encourage people to take more photos and we realized we want their photos to look better†. (Systrom,2012) Motivation The main drive and motivation for Kevin Systrom is a strong belief in what he is doing. The company Instagram didn’t want to build just a fun application, what it is aiming for is an application that solves problems and making people’s life better. The idea of Instagram in long term is a program that helps you to explore the world, your way to get news and experience events you were not able to attend. The ability to tune in any place in the world and see what is going on. They want to become world-changing company. It is first truly International network, as you don’t need to speak the same language in order to communicate through visual media. The obsession with his idea is highly beneficial for the company. As entrepreneur he works all the time, sometimes he skips birthday parties and has luck of sleep in order to solve the problem that may appear. He is exited about what he is doing and always looking for solutions and ways how to give world something it was asking for during a long period of time. Conclusion The goal of this report was to research and analyze the entrepreneurial path of Kevin Systrom. And to find an answer what is a key to his success. Through the report I have learnt few important lessons that can be useful for my future career. The first of them is you can fail in order to find the right answer, it is completely normal to make mistakes, what is more important is to be able to find solutions and ways to improve. Usually the idea you will start with it’s not going to be exactly the same with your final idea. Second thing that I would like to keep in mind after finishing this report is its importance to hire right people. With the example of Instagram we can see that 14 really talented people can run a company in such a successful way. As well it is critical to find people who share passion for what you are doing. Reference Bertoni, S. (2012, August, 01). Instagram’s Kevin Systrom: The Stanford Billionaire Machine Strikes Again. Retrieved October,10,2012, from http://www. forbes. com/sites/stevenbertoni/2012/08/01/instagrams-kevin-systrom-the-stanford-millionaire-machine-strikes-again/4/ Kevin Systrom,Mike Krieger (2011,May 11). From Stanford to Startup [Video file] [Video file]. Retrieved October 10,2012, from http://ecorner. stanford. edu/authorMaterialInfo. html? mid=2735 Noer, M. (n. d. ). 30 under 30 [Video file] [Video file]. Retrieved from http://video. forbes. com/fvn/30-under-30/30-under-30-kevin-systrom/ How to cite Instagram, Papers

Btec Level 3 Mechanical Engineering free essay sample

Plain carbon steel is essentially an alloy of iron and carbon which also contains manganese and a variety of residual elements. These residual elements were either present within the raw materials used in the production process e. g. iron ore and scrap steel additions, or they were added in the production process for a specific purpose, e. g. deoxidization by means of silicon or aluminium. Hence they are called residual elements to distinguish them from alloying elements that are deliberately added according to specified minimum amounts. The term â€Å"cleanliness† refers to the amounts of various phases such as oxides, sulphides and silicates that can be present in steel. The smaller the amount of these phases, the cleaner the steel. For many years steels have been produced by casting the molten steel into moulds and allowing it to solidify into ingots which were then processed by rolling etc. steel produced by ingots is subdivided into four categories according to the deoxidization process used. These categories are rimmed, capped, semi-killed and killed steel. When un-deoxidized steel is cast into an ingot, carbon monoxide is evolved during solidification because the solubility of oxygen decreases as the temperature decreases. 1b) Steels that contain specified amounts of alloying elements, other than carbon and the commonly accepted amounts of manganese, copper, silicon, sulphur and phosphorus are known as alloy steels. Alloying elements are added to change mechanical or physical properties. Alloy steels are melted together in an electric furnace. This step usually involves 8 to 12 hours of intense heat. Next, the mixture is cast into one of several shapes including blooms, billets and slabs. After various forming steps, the steel is heat treated and then cleaned and polished to give it the desired finish. The semi-finished steel goes through forming operations, beginning with hot rolling, in which the steel is heated and passed through huge rolls. After the steel is formed, most types must go through an annealing step. Annealing is a heat treatment in which the steel is heated and cooled under controlled conditions to relieve internal stresses and soften the metal. Some steels are heat treated for higher strength. However, heat treatment requires careful control, for even small changes from the recommended temperature, time, or cooling rate can seriously affect the properties. 1c) Plain carbon steel is used in many industries such as in the construction of roads, railways, infrastructures, appliances, and buildings. Carbon steel is used to erect a strong and lasting frame to most modern buildings, steel beams (girders), joists and studs are engineered to create the skeleton of a building. Steel is also used in a variety of construction materials, such as pipes, tubing, plates, bolts, nails, screws and equipment like tools, bulldozers, cranes etc. 1d) In the construction industry, gears, pipes, beams, w shape beams , boilers, pressure valves and other things are fabricated from alloy steels. By coupling additional elements to the carbon and iron based building metal you can strengthen it to withstand quite a bit more. Alloy steels can be non-magnetic, high-quality, and corrosion-proof. Furthermore they can be used in highly demanding applications such as commercial steel buildings, turbine blades in jet engines, spacecrafts and nuclear reactors. Stainless steel is the most widely known alloy steel. What distinguishes stainless steel from carbon steels is that it contains a minimum of 10% chromium. As a consequence, stainless steel building metal is resistant to staining, and is rust proof, which makes it perfect for cooking utensils, cutlery, jewelry as well as aircraft parts, architectural components, and surgical implements. 2) In the production of aluminium, first the ore is mixed with a hot concentrated solution of sodium hydroxide. The NaOH will dissolve the oxides of aluminium and silicon but not other impurities such as iron oxides, which remains insoluble. The insoluble materials are removed by filtration. The solution which now contains the oxides of aluminium and silicon are next treated by bubbling carbon dioxide gas through the solution. Carbon dioxide forms a weak acid solution of carbonic acid which neutralizes the sodium hydroxide from the first treatment. This neutralization selectively precipitates the aluminium oxide, but leaves the silicates in solution. Again filtration is used for the separation. After this stage the purified aluminium oxide is heated to evaporate the water. The molten mixture is then electrolysed with a very large current and the aluminium ions are reduced to form aluminium metal The physical properties of aluminium make it a perfect material for construction. Its light weight means that the load on the bearing structure is less, and its strength makes it suitable for a great variety of solutions. Its resistance to corrosion gives it special advantages: aluminium is perfect for regions with severe weather conditions. Finally, its fluidity gives freedom to architects and designers. Aluminium extruded, rolled and cast products are commonly used for window frames and other glazed structures ranging from shop fronts to large roof superstructures for shopping centres and stadiums, for roofing, siding and curtain walling as well as for cast door handles, catches for windows, staircases, heating and air-conditioning systems, power lines and the list goes on. 3) Plastics are produced using a process called polymerization, where many thousands of monomers are joined together to form a polymer chain. Monomers are made of atoms like chlorine, nitrogen, oxygen, hydrogen and sulphur. Monomers are easily extracted from abundant organic. There are two main types of plastics, thermosetting plastics and thermoplastics. Both are produced by pouring liquid monomers into a mould where they undergo polymerization. Thermosetting plastics are permanent once moulded, they do not deform under heat. Thermoplastics will melt under heat can be reformed repeatedly. The polymerization process increases the molecular weight of the constituent molecules, turning liquid monomers into solid polymers. (Increase of molecular weight causes the substance to undergo a phase change). During the moulding process, the monomer soup is superheated and condensed under many atmospheres worth of pressure. This causes polymerization to occur and ensures that the plastic is solid and uniform, lacking any internal air bubbles. Specialist plastic and rubber fabrications are used in a wide variety of industries including, civil engineering, medical, aerospace, military, atomic energy, marine and automotive. Many products are used to contain aggressive chemicals which could be hazardous if not properly controlled. Furthermore the uses and advantages of plastics and rubbers are endless throughout the industries, some examples of these are, sealing, jointing and finishing products, containing applications, bio-degradable applications, hoses, wheels, profiles and consumables. 4a) Welding is a fabrication process that joins materials, usually metals or thermoplastics by causing coalescence. This is often done by heating the work pieces and adding a material to form a pool of molten material that cools to become a strong joint, but sometimes pressure is used in conjunction with heat or by itself to produce the weld. This is in contrast with soldering and brazing, which involves melting a lower-melting point material between the work pieces to form a bond between them. Many different energy sources can be used for welding, including a gas flame (oxy-acetylene), an electric arc, a laser, an electron beam, friction and ultrasound. While often an industrial process, welding can be done in man different environments including open air and under water. Welding is generally the simplest, fastest, and most cost-effective method, at least in the case of structural metals. Welding doesnt require parts to fit exactly. Methods like bolts or screws require some type of flange or overlap of parts, so with welding, weight and material savings can be realized. A high quality weld can often be stronger than the parts to be joined, though this should not be depended on. 4b) Welding, without the proper precautions, can be a dangerous and unhealthy practice. However, with the use of new technology and proper protection, the risks of injury and death associated with welding can be greatly reduced. Because many common welding procedures involve an open electric arc or flame, the risk of burns is significant. To prevent them, welders wear protective clothing in the form of heavy leather gloves and protective long sleeve jackets to avoid exposure to extreme heat and flames. Additionally, the brightness of the weld area leads to a condition called arc eye in which ultraviolet light causes the inflammation of the cornea and can burn the retinas of the eyes. Goggles and helmets with dark face plates are worn to prevent this exposure, and in recent years, new helmet models have been produced that feature a face plate that self-darkens upon exposure to high amounts of UV light. To protect bystanders, transparent welding curtains often surround the welding area. These curtains, made of a polyvinyl chloride plastic film, shield nearby workers from exposure to the UV light from the electric arc, but should not be used to replace the filter glass used in helmets. Welders are also often exposed to dangerous gases and particulate matter. Processes like flux-cored arc welding and shielded metal arc welding produce smoke containing particles of various types of oxides. The size of the particles in question tends to influence the toxicity of the fumes, with smaller particles presenting a greater danger. Additionally, many processes produce various gases, most commonly carbon dioxide and ozone, and fumes that can prove dangerous if ventilation is inadequate. Furthermore, because the use of compressed gases and flames in many welding processes pose an explosion and fire risk, some common precautions include limiting the amount of oxygen in the air and keeping combustible materials away from the workplace. 4d) Pipe Cutters A tubing or pipe cutter is a hand tool specifically designed to cut pipe. It works by clamping onto a portion of the pipe and cutting through it using a small, round blade. As the tool is rotated it tightens, causing the blade to slowly dig into the pipe, eventually sawing all the way through. Tubing and pipe cutters are easy to use and provide a straight cut and edge to weld. Pipe Clamps For clamping pipelines on the outside whilst welding is taking place on straight sections, pipeline flanges or bends. Various types of external pipe clamps are suited to different applications. Chain clamps are extremely versatile for holding pipes up to 54 suitable for elbows, tees, flanges, end caps and most other pipe fittings. Ratchet Line-up cage clamps are very strong and accurate, but are also lightweight with either standard flat cross bars or no tack arched cross bars. External Hydraulic (no tack) Line-up cage clamps lines up pipe for welding to enable the maximum weld to be made without moving the clamp and comes with hand toggle or powerful hydraulic for accurate alignment. JA Type Mechanical Pipe Clamps allow efficient preparation of welding, whilst allowing easy handling but at the same time optimized working security, ensuring safety and peace of mind. 5a) Stress is the internal resistance, or counterforce, of a material to the distorting effects of an external force or load. These counterforces tend to return the atoms to their normal positions. The total resistance developed is equal to the external load. This resistance is known as stress. Stress = ? = [pic] S = stress (psi or lbs of force per in? ) F = applied force (lbs of force) A = cross-sectional area (in? ) Stresses occur in any material that is subject to a load or any applied force. There are many types of stresses. 5b) Strain Strain is defined as deformation of a solid due to stress and can be expressed as the strain of elongation from its original length. Strain = [pic] [pic] 5c) Shear Shear stress exists when two parts of a material tend to slide across each other in any typical plane of shear upon application of force parallel to that plane. [pic] 5d) Tension Tensile stress is that type of stress in which the two sections of material on either side of a stress plane tend to pull apart or elongate. [pic] 5e) Compression Compressive stress is the reverse of tensile stress. Adjacent parts of the material tend to press against each other through a typical stress plane.