Friday, January 24, 2020

Nicolas Leonard Sadi Carnot :: biography biographies bio

Nicolas LÃ ©onard Sadi Carnot June 1, 1796 - August 24, 1832 Nicolas Carnot was born on June 1, 1796 in Paris, France. He was the son of Lazare Nicolas Marguerite Carnot. When Sadi was born his father was a member of the Directory, which was the French Revolutionary government. Sadi was brought up in a rough evironment of clashing politics and sciences. His father retired from his position as napoleon's minister in order to devote his time to educating his two sons. At the age of 16 Sadi was sent to Lycee Charlemagne in Paris in order to prepare him for the testings to get into Ecole Polytechnique. At this young age of 16 he entered the Ecole Polytechnique, two years later at the age of 18 he graduated from there. After this he took a two year course in military engineering. Some years later Sadi went to visit his father since he was exiled after the defeat of Napoleon. During his visit of his father they spoke in great detail of a steam engine that had come through where his father lived. This filled Sadi with great excitement as he had plan to develop a theory for steam engines. Once he returned to Paris he began immediatley working on the mathematical theory of heat. This lead to the start of the modern theory of what we know today as thermodynamics. Sadi's first piece that he worked on was a mathematical expression for the work done by one kilogram of steam. This research done my Sadi was never published to the public. It wasn't until later that Sadi finally published something on his works. When his father died his brother, Hippolyte Carnot came to Paris in order to help his brother finish his book on steam engines that he was currently working on. Sadi's book was finally published in 1824, and in his book was the theory of the "Carnot Cycle" In 1827 he was called back into the military to work as a military engineer which he did for less than one year. He quickly retired and moved back to Paris to continue his work on the theory of heat. In 1832 Sadi Carnot became very sick with the cholera epidemic and he died one day after getting cholera, at the young age of only 36. Carnot is known as the father of thermodynamics. He was the first person to show the relationship between work and heat.

Thursday, January 16, 2020

Ethics and Compliance Paper Essay

The company’s project-oriented approach improved teamwork and leveled the playing field; team culture and corporate culture have been promoted; an innovative spirit has been instilled; and international integration has been improved. In terms of the market results, Lenovo’s adaptation of project management has improved the ompany’s core competitiveness with improved delivery and customer satisfaction. In turn, distinctive performance was delivered: In 2006, the company had a market share of seven percent in the global PC market, led only by Dell and HP. Its total turnover was USD 14. 6 billion, a rise of 10 percent over the previous year. Ethics and Compliance Paper BY bc64762 Walmart is one of many companies who report its filing with the United States Securities and Exchange Commission. The purpose for writing about Walmart’s Ethics and Compliance paper is to inform the reader about Walmart’s important compliance processes. SEC filings, analysis of financial statements, requirement for certification and legal proceedings will be explained throughout further reading. Procedures for Ethical Behavior Walmart has an official statement of ethics which is meant to be applied to not only the associates and directors employed by the organization but also third parties. These third parties include suppliers, consultants, public relations firms, contractors and all other third party companies who conduct business with Walmart in any fashion. Due to the fact that Walmart does conduct business in several countries the tatement of ethics may be modified to coincide with the laws and customs of each country. To conform to the statement of ethics written out by Walmart, associates expect to follow the laws written by their city, state, and country at all times. These employees are also responsible for not only reading the Guiding Principles but also understanding and using those principles every-day. Employees do not expect to memorize these policies; however they are expected to learn those that apply directly to their Jobs. If an employee has a question or concern they should not be afraid to sk help from a manager or report any inappropriate conduct. If there was anything to happen and an investigation would take place with Walmart employees, the employees are expected to cooperate with and ensure the investigation remain private and come up front with any news that any employee’s may have. Along with these requirements of employees, Walmart has additional responsibilities for managers to ensure the ethical behavior is conducted. If an ethical issue is brought to a manager’s attention, it is their Job to report this to the Global Ethics Office at the Walmart Corporation. Managers are also expected to meet with their employees as a group to review the Guiding principles and answer any questions that may arise. Managers encourage always putting ethics first in the event that an ethical issue is in conflict of business objectives. It is the manager’s duty to lead by example, and ensure that Just because one ethical mistake is made that this does not continue within their department. Open communication between managers and employees is a must and no issue should ever be put aside regardless of the magnitude. Along with these responsibilities and requirements, discipline is handed own for those in violation. Actions are taken up to and including termination for violation of the organizations ethics policy. SEC Compliance Processes The most important process that Walmart uses to comply with SEC is to make SEC filings in accordance to the law. A sample of these filings can be examined at: http:// finance. yahoo. com/q/sec? s=WMT. This page gives a li st of 8K and IOQ filings made by Walmart with SEC. Also of utmost importance, the finance department at Walmart prepares the financial information and statements required by the SEC like the Income Statement, Balance Sheet and Cash Flow Statements. The company is then financial statements, more disclosures, controls and procedures and other information as required under part B. It is also necessary to provide Other Information relating to the company. The most important process of compliance that appears in the report is the signature certifying that the report is in compliance with Section 13(a) or 1 5(d) of the SEC Act of 1934. The act of signing makes the President and Chief Executive Officer responsible for the information contained in the reports. The requirement for certification makes it important for the CEO and the CFO to nsure that the information contained in the report is correct. Other organization processes are somewhat mechanical. For instance, the legal proceedings, including those against the company need to be listed. The legal department will provide a comprehensive list of the legal proceedings. Three officers, the President and the CEO, the Executive Vice-President and CFO as well as the Senior Vice Preside nt law suits filed against Walmart and the disclosures in the court contains information about the internal proceedings of Walmart. The following web sites offer one the opportunity to examine Walmart’s compliance with SEC requirements: http:// walmartstores. com/lnvestors/SECFilings. aspx or http://www. wakeupwalmart. com/ press/article. tml? article=784. Apart from this, the SEC is responsible for the enforcement of the Sarbanes-Oxley Act, the Investment Advisers Act of 1940, the Investment Company Act of 1940, Trust Indenture Act of 1939 and the Securities Act of 1933. In consideration of the Sarbanes Oxley Act, the CPA auditor of Walmart is required to comment on the internal control of the company. The auditor of Walmart, Ernst ; Young carries out the requisite examination of the internal control at Walmart and makes comments about the internal control at Walmart. Walmart’s Financial Performance over the Last Two Years Financial ratios are used to identify the strengths and weaknesses of a company. The current ratio, debt ratio, return on equity ratio, and days receivable ratio will be used to identify Wal-Mart’s financial health. The ratios used will be for 2008 and 2009 to obtain a brief look at the company’s financial health. The first ratio is the current ratio. The current ratio tests for a company’s liquidity (Keown, Martin, Petty, ; Scott, Jr. , 2005). The simplest and most basic test for a company’s relative liquidity is the current test, which divides the company’s current assets by its current liabilities. In 2008, Walmart’s current assets were $48,020 million and the current liabilities were $58,478 million for a ratio of 0. 8. In 2009, Walmart’s current assets were $48,949 million and current liabilities were $55,390 million for a ratio of 0. 9. The ratios indicate that the Walmart’s financial health was slightly better in 2009 than it was in 2008. Because a company’s assets may be financed by debt or equity it is important to consider a company’s debt ratio. The debt ratio shows relatively how well a company manages its assets or rather how much of its assets are in the form of debt (Keown,

Wednesday, January 8, 2020

Comparison in Leadership Styles for Steve Jobs vs Bill Gates

Executive Summary Leadership is not a position but rather a process which involves the leader, the followers and the situation. Great leaders lead with the best interests of their employees in mind. A leader must lead according to the needs of the organization. The leader must not only be successful as a leader, but also bring success to the organization and its employees. This paper seeks to compare and contrast the leadership styles of two successful entrepreneurs. The paper consists of a background section which gives details on the leaders, their followers and the situations. A comparative analysis will be done on both leaders in terms of Power and Influence, Ethics and Values, Leadership Attributes, Results and Legacy. The†¦show more content†¦He was born on October 28, 1955, in Seattle, Washington and began to show an interest in computer programming at the age of 13. Through technological innovation, keen business strategy, and aggressive competitive tactics, he and his partner Paul Allen built the worlds largest software business, Microsoft. As teenagers, Gates and Allen decided that the possibility of every household and business to have a computer, and the computer must be working on Microsoft software was both a realistic and a desirable goal, which they could work to achieve . Mr. Gates ensured that his relationships with his fol lowers and co-workers were always ideal. He was the type of leader who never under estimated his followers. He also communicated the objectives which needed to be achieved in a clear manner to his followers. In addition, he also conveyed the benefits, which they would obtain if they achieved those objectives. Mr. Gates has said it himself on numerous occasions that the Microsoft would have been unsuccessful without his strong team, which stood behind him . 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