Compare And Contrast Different Organisational Structures Commerce Essay

Compare And Contrast Different Organisational Structures Commerce Essay Organisation can be identified through their responsibilities, authorities and relationships in the market. There are ways to organise companies to get effectiveness in market. The structures of organisation play important role in development of company. These structures are based on cultural identity of organisation the way its structures behave. (Botha, 2008)These structures are to keep work flow and bring profits and the way they work they create culture. The degree of influence within organisation and the systematic approach to organise the activities forms culture. There are following types of structures in companies depending on their composition. Bureaucratic and Administrative structure Functional Structure Divisional structure Structure Matrix These structures form a way of functioning and behaviour of the company. These can be divided into following groups based on company culture. Circle organization Team Network Virtual This depends on the facilities, policies and aims of the organisation how they use structure and culture in their favour. (Brooks, 2010) Companies in past remain under bureaucratic structure but with passage of time and learning now they have adopted a liberal form of structure which created liberal and devolvement culture with in origination where team work is more important that control from top to bottom. Explain how relationship between an organisations structure and culture can impact on the performance of the business The performance of business can be affected by the relationship of structure and culture if the structures are not leading to a healthy sympathetic culture of work then company cannot meet its targets and cannot survive in the market. Company structure should be accommodative to espouse new good culture and cultural outlook should be in way to strengthen the structure and support the outcome of the activities in positive and profit oriented way. If we see the corporate culture is kind of approach that companys top management tries to project for their company as it portrays the systematic and organised business culture. Companies with better and organised culture try to keep the distance between the top management and junior ranks though in 21st century its all about the team work. (Harrison, 2002) Companies should promote harmonic and team work based culture. This systematic organisation of company culture and the structures to support the culture have visible impact on the performa nce of company business and it also presents the picture which helps investor and customers to decide the purchase activity related to company. This is factor behind the company management organising such events where they can introduce the structures and culture in their company through different mediums. Sometime they are using commercial media and some time the main stream media to give the introduction of their structures and culture. On business media companies tries to occupy more time in discussions that gives them advantage in marketing. (Ries, 2005) Similarly the workers and employees also get inspiration from structures and culture of company and they feel proud and loyal to a good organised structure and developmental culture in their company while they are with friends and family or in general public and they also try to promote the values of company. Discus the factors which influence individual behaviour at work There are many factors which influence the staff while they are at work. These factors are included company structures, hierarchy, culture, values, aims, objectives, benefits and punishment system. The staffs try to get support from existing company system. If there is not well established structure staff can not feel good and supportive attitude from top management towards their work so they loos the work interest after time. Similarly if there is not well define and developmental culture in company staff try to escape the work and lazy attitude is developed over time. If there is no well defined hierarchy in company there can be time and resources loss due to delays confusions and overlapping of work. (Cardy, 2003) If company holds good corporate values staff also feels secure and proud about company and they try to fulfil company goals and aims. The benefit are key to individuals at work as every human have basic life necessities and major motive behind any job or work is to fulfi l those needs if company is not providing enough financial and other supportive benefits to staff they will try to slip from company as soon as they will find better opportunity so it is necessary to keep staff loyal to company through providing them better financial and other benefits like health benefits and pensions. (Forster, 2005) Last but not least thing is punishment and reward system in absence of such punishment and reward system company management cannot get maximum effort from staff. It is necessary to use stick and carrot strategy with in company to get individuals work properly according to set targets of growth and development in business. Task Two Compare the effectiveness of different leadership styles in different organisations There are many leadership theories which define different leadership styles in business. Mostly the leadership style in companies is based on the approach of top management or owners of the company. Here is analysis about some of leadership styles and strategies along with their effectiveness for organisations. 1. Autocratic leadership This form of leadership is example of extreme transactional leadership, in which leader of company or top managers use power tool to deal the work and workers. Staff members have little chance to give suggestions and decide according to their. (Forster, 2005) This type of leadership cannot work with large organisations but it is good for small organisation especially where there is untrained labour or staff and unskilled jobs. But in large organisation it can lead to lazy attitudes, higher level of absenteeism and turnover 2. Bureaucratic leadership Bureaucratic leadership is way in which rules are followed strictly and work is done in the bases of book. It is very popular leadership style even with modification and modern approach in all companies this type of leadership is found at any level. This is good for work where there is serious work involve human life risk and handling of machinery, but in service sector it can lead to disaster where staff will try to implement and follow book and situation will required the diversity of action and response. 3. Charismatic leadership It is form of leadership which emerges with strength of personality and it creates higher level of acceptance among staff. It carries enthusiasm, charm and quality and creates an energetic atmosphere. The drawback of this leadership style is leader can turn authoritative and can make blenders for business without any one there to challenge him or her. Similarly the dependence on the leader can crate collapse after they leave. 4. Democratic leadership It is also called participative leadership in which there is room for every worker and manger to give their feedback and make contribution in the work development. It supports with decision which have full backing and involvement from staff. (Laeven, 2004) But sometimes it can lead to lake of responsibility and a competition based on contribution instead of quality. 5. Laissez-faire leadership The French word which means leave it be, it is way in which team member are given chance to work their own and take charge of decision making and responsibility as it is focused on productivity instead ways and means. It is effective in well groomed professional environment but can lead to collapse where staff is not fully trained and skilful. 6. Relations-oriented leadership This is also called as people oriented leadership in business which tries to accommodate the version of other people rather than top management. This type of leadership is aiming at the results for general welfare and benefits for maximum people. It tries to accommodate interests of as many as it can. But it have drawback of expansion of work to unnecessary boundaries and unnecessary participation and involvement level. Explain how organizational theory underpins the practice of management This theory tries to explain the understanding and appreciation for criticize or postmodernist segment of business world. This theory helps to develop a purpose oriented approach in which it serves depends on the advancement by the business. Theory focuses on the business environment and its effects on the working capacity of the business. Company have major aim of settling its interests and achieve its growth. It derives the relationship between different phenomenons which affect the business activities. The use of theory helps businesses in developing understating about modernity of technology, knowledge, skill development, diversity, development of structures and positive approach for profit seeking strategy. Through a good analysis of the situation company tries to look for success opportunities under this theory. The modernist view of theory helps in adaptation of new technology with better approach and understanding. (Lall, 2005)It helps the organisations to find way for increase efficiency and effectiveness to control performance indicators. Evaluate the different approaches to management used in different organisations There are many fundamental approaches in business management which are used and followed by the management in different sectors according to their needs. Based on different approaches we can categorize these managerial approaches based on implementation and management in three groups. These are used on the bases of following qualities:- The diversity of technology degree of complexity in delivery objectives of the business and Process used within a timeframe. These approaches are characterised as following:- Active Listening It states that some organisations need their management to used active listening approach to accommodate the needs of customers and workers in effective way for improvement in acceptance level and growth. This helps companies to win confidence from their customers and brings loyalty to brand names. Cultivating It is like listening approach it is a facilitative management approach which is supported by utilisation of existing skills in the environment to get advantage. It is based on active participation and involvement of staff and customers to bring fundamental results in favour of business. Steering This is different management approach which is based on instrumental project management to fulfil the delivery needs. It is mostly sued in developing projects where there is need for controlled activities to bring certain level of success. It is mostly short term strategy and approach of management as with development in business it cannot be used for long. Task Three Discus the impact that different leadership styles may have on motivations in organisations in period of change Leadership is way to give direction, implementation, planning and motivation to people in business for achievement of better results. There are certain leadership styles like authoritarian or autocratic, participative or democratic and delegative or free reign these styles are followed widely in business world to achieve set business targets. Here is summery of effects of different leadership styles on the motivations in organisation. Authoritarian or autocratic This is way in which leader shares the team that what company want and how it wants to be done without getting any feedback from juniors and team. Sometime leaders get all information from bottom level of management but they decide their own about actions. (Cardy, 2003) This style need lot of involvement from top management in company to be present physically to control things once manager is away staff tries to get escape from work and absenteeism is common in this type of leadership style. It also creates lake of responsibility and secrecy of information from one channel to other as everyone tries to avoid any bad situation. It also called bossing people this style is on decline in major organisations and is being replace by other leadership styles. Participative or democratic The slogan of this type of leadership is lets work together, it is way in which leader involves everyone to give their feedback and take responsibility for doing things on business. Though leader maintains the final decision yet still its room for more participation and every opinion is welcomes. This style have drawback for waste of time and unnecessary and unskilled involvement in business decisions which can lead to losses and weakness. Delegative or free reign In this leadership style responsibility is shifted to lower ranks of management, thus employees are allowed to make decision about work with freedom. Yet this required highly skilled and trained professionals at all levels which is expensive for human resource management and required lots of revenue and without grooming all staff to that level it can bring disaster to company business. This is also known as laissez faire. It is observed by the business exerts that a good leader tries to hold combination of all three leadership styles according to needs of time and management activity. Compare application of different motivational theories with in workplace There are different motivational theories for workplace performance management which are discussed in coming discussion. Incentive Theory of Motivation This theory states that staff and employee can be motivated to perform well through external rewards. For example, if there are some financial gains for staff for doing a certain level of work or keeping time management effectively they will try their best to achieve the land mark to gain that financial benefit. Drive Theory of Motivation This theory states that people are getting motivation from certain actions that are taken by management to get maximum outcome in performance. For example, someone can be motivated for drinking water to reduce internal thirst. This theory tries to base performance control on biological and physical needs of humans. Arousal Theory of Motivation These theory states that human are motivated to act to satisfy or decrease their stimulation or arousal level. For example, one person can like to go to movie while other can like to read book to satisfy certain arousal level. Humanistic Theory of Motivation Humanistic theory of motivation is a set of motivational theories which are based on fact that human have immense cognitive reason to act in certain way and do certain things. Abraham Maslows put this in his hierarchy of needs that is based on different motivations behind human actions and those motivations are biological, social and spiritual. Like hunger and self actualisation. Evaluate the usefulness of motivation theory for managers Motivation can be a very important factor for an organizational success and achievements of set targets by the organisation. Here are facts that help managers to get benefit from these motivational theories, these are following:- Motivation makes human resources available for action as every action required physical, financial and individual involvement. Through use of motivation managers can turn resources into action thus they can utilise those resources for development and growth. Motivation improves the level of efficiency in company as staffs puts full efforts neglecting their qualifications and learning they are involved to gain the benefits of motivational factor. Thus motivation in organisation improves performance level for managers. It helps in increase in productivity, improves the efficiency of staff and reduces the cost for operations. It leads organisations and managers to achieve the set organizational goals by the utilisation of available resources effectively and in better way. Increases cooperation at work, creates better work environment and works as stimulate for higher performance level. Motivation builds very friendly relationship among managers and staff as staff meets some benefits for their performance. It increases the staff satisfaction level at work and develops trust and confidence at workplace due to monetary and non-monetary incentives. Similarly, motivation becomes very important for business because it motivated staff, empowers manager and teams, creates team work environment, creates sense of belonging and responsibility among staff, decreases operational costs and makes work time effective activity. Task Four Explain the nature of groups and group behaviour within organisations Groups or teams are important and major feature of business organizations. Work At organizations is divided into sub-units that are consists of departments of groups. These groups shape the behaviour of organisations and are responsible for activities at organisation. It is very important for managers to develop understanding about the nature of groups inside organisations. (Forster, 2005) The cooperation level among groups and within teams is vital for company activities. This way people with different skills and behaviour patterns with in groups affect the level of group performance. The leadership style of managers is having important effect over these groups and leads to success or failure of group efforts. The composition of groups promotes team work, coordination, cooperation, experience sharing, guidance availability for new staff and collective outcome of business activity. These groups have following features:- They interact with each other They build teamwork They can involve into a psychological warfare They are define unit They share common skills and interests There are ways through groups are formed one of such explanation is given by the Tuckman in 1965 as he define the process of group formation which is based on Stage 1 Forming Stage 2 Storming Stage 3 Norming Stage 4 Performing Stage 5 Adjourning There are many formal and informal groups within organisation which work according to their set purposes and try to achieve those purposes. Discuss factors that may promote or inhibit the development of effective teamwork in organisations There are many factors which affect the development of teams at business organisations. These factors are internal and external it nature. These factors include, high standard of performance, creating quality work, experience sharing, collective efforts, minimising cost, minimising work effort and to promote collective benefits as team. These factors affect the composition and working ability of groups and teams in absence of some important factors team cannot be building and there can be no increase in performance level which is brought by the team work. In 21st century the new business dimensions insist on the development of team under the affect of these factors to get maximum output from staff performance. Evaluate the impact of technology on team functioning within a given organisation In 21st century media and communication are very important tools for business performance and business development. There is continuous increase in technological advancement in creation and working of teams with in business. Here are some technological tools and their impacts on performance of team in business environment:- e-mail is based on internet which is most rapidly spreading form of communication which businesses are adopting rapidly to support their teams. The use of email helps teams to share and retain information for best performance. Mobile phones also have their huge impact on business and teams within businesses as it is quickest and reliable way to communicate between teams and get support on time. Groupware are new technological tool help teams in planning meetings, increase collaboration and work in a virtual environment with better results than emails and phones. Personal computers are popular in business as tool for management, communication and record keeping. The use of laptop is very popular in business community and helps the continuous connection among team members through use of internet and its capacity is bigger and better than previously mentioned tools.

School Censorship is Detrimental to Education Essay examples -- Argume

School Censorship is Detrimental to Education       Mark Twain, John Steinbeck, Harper Lee, Maya Angelou. What do these writers have in common? Sure, they are all great American authors, but there is something else. They are all "banned." Censored. Forbidden. Who has not read a book by at least one of these authors? All are great pieces of literature and should be crucial parts of the high school curriculum. School censorship of books is detrimental to the educational development of high school students.    In order to understand the problems with school censorship, one must know why it is done. One reason is bad language. A prime example of this type of censorship occurred in a California school when words like à «damn' and à «hell' were blacked out of Ray Bradbury's Fahrenheit 451. Students were stunned by the irony of the situation. A book about censorship was being censored (Wright). Sexual activity is another common reason for censorship, along with assaults on family values and violence. Why is this happening when 90% of students surveyed do not believe that books should be censored because they contain offensive language or sexual situations (Survey)? Negative racial treatment of characters, setting, or theme also fuels censorship (Simmons).    Something else that must be mentioned in order to understand the evils of school censorship are facts censors ignore; the first being literary quality. When they chose to censor a book they do not take into account the educational value of the book. How can one say a book does not belong in schools if they do not know what lessons it teaches? The second key element ignored is the manner in which teachers lead students to interact with texts. They g... ...eory censorship thus prevents students from thinking. There are ways of teaching our children morals, but censorship is not one of them. In the words of Ralph Waldo Emerson, "Every burned book enlightens the world."    Works Cited    Killing a Classic; Censorship: Offensive language can be instructional in a play about racism and segregation. The Sun; Baltimore, Md.; Nov.6, 1999. Simmons, John S. School Censorship: No Respite in Sight. Forum. Winter 1996/1997, pp. 12-16 Survey. "Survey on Censorship of Books in School" November 18,1999. Twain, Mark. The Adventurers of Huckleberry Finn. Penguin Books. New York, New York, 1959. Virginia Beach Public Library Librarian. Interview. November 19, 1999 Wright, Jake. Literary Censorship in America's Schools. On-line. Available: http://members.xoom.com/jakewright/censorship/   

The Philosophy of Birches :: Robert Frost Birches Essays

The Philosophy of Birches  Ã‚        Ã‚  Ã‚   The philosophy expressed in "Birches" poses no threat to popular values or beliefs, and it is so appealingly affirmative that many readers have treasured the poem as a masterpiece. Among Frost's most celebrated works, perhaps only "Stopping by Woods on a Snowy Evening" ranks ahead of it. Yet to critics like Brooks and Squires, the persona's philosophical stance in "Birches" is a serious weakness. [. . .] The didactic and philosophical element that some critics have attacked strikes others as the very core of Frost's virtue. [. . .] Perhaps impartial observers can accept the notion that "Birches" is neither as bad as its harshest opponents suggest nor as good as its most adoring advocates claim. [. . .] "Birches" . . . contains three fairly lengthy descriptions that do not involve unusual perspectives. In fact, the most original and distinctive vision in the poem--the passage treating the ice on the trees (ll. 5-14)--is undercut both by the self-consciousness of its final line ("You'd think the inner dome of heaven had fallen") and by the two much more conventionally perceived environments that follow it: the rural boyhood of the swinger of birches (ll. 23-40) and the "pathless wood," which represents life's "considerations" (ll. 44-47). As a result, the poem's ardent concluding lines--its closing pronouncements on life, death, and human aspiration--do not arise from a particular experience. Instead, they are presented as doctrines that we must accept or reject on the basis of our credence in the speaker as a wise countryman whose familiarity with birch trees, ice storms, and pathless woods gives him authority as a philosopher. Since in "Birches" the natural object--tree, ice crystal, pathless wood, etc.--functions as proof of the speaker's rusticity, Frost has no need for extraordinary perspectives, and therefore the poem does little to convince us that an "experience," to use [Robert] Langbaum's wording, "is really taking place, that the object is seen and not merely remembered from a public or abstract view of it." This is not to deny that the poem contains some brilliant descriptive passages (especially memorable are the clicking, cracking, shattering ice crystals in lines 7-11 and the boy's painstaking climb and sudden, exhilarating descent in lines 35-40), and without doubt, the closing lines offer an engaging exegesis of swinging birches as a way of life. But though we learn a great deal about this speaker's beliefs and preferences, we find at last that he has not revealed himself as profoundly as does the speaker in "After Apple-Picking.

Imperialism and Existential Freedom in Works Such as Joseph Conrad’s He

When people think of the concept of imperialism, they usually view it as something that pertains to government. Even the first definition of imperialism in the dictionary is â€Å"imperial state, authority, spirit, or system of government† (Webster 729). However, imperialism encompasses so much more than this. In comparing the resonations between Joseph Conrad’s Heart of Darkness with Johann Goethe’s Faust, one can see how imperialism affects the political, the social, the psychological, and the spiritual, especially within the past 200 years. Stemming from this is man’s existential freedom, his â€Å"mechanical and lifeless existence in society†, explored in Fyodor Dostoevsky’s â€Å"The Grand Inquisitor† and Herman Melville’s â€Å"Bartleby the Scrivener†. Heart of Darkness shows imperialism in more of a physical and psychological perspective. The main character Marlow, in his beliefs, shows a positive side to imperialism. Marlow does openly admit that he does not belong as an invader to this land that is not his; however, he also says that he will try to help these people, the antithesis of most, if not all, of his comrades. Concerning these imperialistic invasions, he says, â€Å"The conquest of the earth, which mostly means the taking it away from those who have a different complexion or slightly flatter noses than ourselves, is not a pretty thing when you look into it too much. What redeems it is the idea†¦not a sentimental pretence but an idea†¦something you can set up, and bow down before, and offer a sacrifice to†¦Ã¢â‚¬  (Conrad 64). Marlow is driven by morality and is able to see what is right and wrong; he is not blinded to the truth. The truth that these â€Å"civilized men† are destroying countless numbers of people so that they can worship th... ...fected by this, though; it is the entire world. The majority of people believe only as they are told to believe. Much like in Bartleby the Scrivener, there is no civil disobedience; they do not question the morality of anything. They walk through their existential life completely blind and oblivious to what is happening around them. Two very defining characteristics of the societies present around the world, both past and present, are those of imperialism and existentialism. Whether it be as broad as a government or as small as a person, there is an overwhelming presence of power hunger and greed and complete disregard for those who may be â€Å"in the way†. So too is the seemingly mindless existence which people live life with. What the world strongly needs now is people who actually contain a soul; a soul that makes a human a human. Sadly, this is very much lacking.

Beauvoir Mansion

The Beauvoir Mansion is located on the Gulf of Mexico in Harrison County, Mississippi between Biloxi and Gulfport. Originally the property consisted of six hundred acres and was the private property of Sarah Anne Ellis Dorsey, a woman who had known Jefferson Davis, the first and only President of the Confederate States of America throughout her life. She also was a classmate of Varinna Davis, Jefferson Davis' wife (Allen xx, 521).Dorsey originally rented the property to Davis so he would have a place to write his memoirs The Rise and Fall of the Confederate Government published in 1881 and A Short History of the Confederate States of America shortly before his death. Dorsey later sold Beauvoir to him and also named him as her sole heir, in effect, giving him the property. It was the last residence of Jefferson Davis until his death in 1789 and as the home for his wife for some years after his death (Tinling 187).The Mississippi Division of the Sons of Confederate Veterans bought the property in 1902 and converted it to the Jefferson Davis Memorial for Confederate Soldiers and Sailors (Rosenburg 194). Beauvoir served in this capacity until the mid-1950s when it was recast as the Jefferson Davis Home and Presidential Library. Pratt and Pratt describe it as â€Å"a state shrine filled with memorabilia of his life and times (145). The Beauvoir Mansion is listed on the National Registry of Historic Places. According to the Registry for a site to be listed it should meet one of the following criteria.The site must be associated with events that have made a â€Å"significant† impact on patterns of history,† be associated with a person who are significant to the United States' past, embody a characteristic type of construction, be representative of a building master or have high artistic value, or have contributed or is likely to yield significant historical information (National Registry). Clearly Beauvoir Mansion qualifies because of its association wit h Jefferson Davis, Confederate Veterans of the Civil War and is representative of construction in the South circa in 1852 (Pratt and Pratt 145; Beauvoir).As the Presidential Library of Davis it contains many of his papers as well as large collection of Civil War equipment and memorabilia. In addition, there is a Confederate Cemetery on the site where many Civil War veterans are buried. What is interesting about the Beauvoir Mansion is the wide variety of people it appeals to. Naturally it appeals to admirers, and detractors for that matter of Jefferson Davis and his important role in the Civil War. United States History students, scholars and professional historian as well.The Presidential Library provides resources to those working in this area of United States History. However it is not just history buffs that are interested in Beauvoir Mansion. The site holds a prominent place among those people interested in American Architecture and building construction. Chief among the weakne sses of Beauvoir Mansion is the vulnerability of the location in respect to the violent weather associated with hurricanes and tropical storms that are not uncommon in the area. Hurricane Katrina heavily damaged Beauvoir Mansion in 2005.Devereaux provides detailed information about the damage that includes damage to the Davis house and to the Presidential Library. The Hayes Cottage and the pavilion that served as a hospital for Confederate Veterans were completely destroyed as were the chapel, museum and gift shop. Fortunately much of the damage can be repaired. A four million dollar restoration is already underway with an expected reopening date in 2008. Beauvoir Mansion is an interesting historical and architectural site. It provides firsthand information about the Civil War from the point of view of the Confederacy.This is a valuable perspective that is not normally available to the general public who study the Civil War in schools that features the Union worldview. This view of the Civil War is obviously slanted in favor of the Northern States. The old saw about the winning side writing history is often true. Consequently, the people who lived in the Confederacy are largely forgotten and their leaders ignored because the South lost. It is important to remember that there were two points of view about the Civil War.Both positions had merit and defects. It is important to understand the insights both sides experienced in any historical event. The Beauvoir Mansion provides a great opportunity for Americans to learn from the past. When the repairs are completed and the Beauvoir Mansion reopens, it will be a site well worth visiting. Works Cited Allen, Felicity. Jefferson Davis: Unconquerable Heart. Columbia, MO: University of Missouri Press, 1999. Ballard, Michael B. Civil War Mississippi: A Guide. Jackson, MS: University Press of Mississippi, 2000.â€Å"Beauvoir: The Jefferson Davis Home and Presidential Library Before the Hurricane 2005. † 26 Feb. 200 7 . Cannon, Devereaux. â€Å"Beauvoir Still Stands! † 2 Sep. 2005. Vexillarium. 26 Feb. 2007 < http://vexillarium. blogspot. com/2005/09/beauvoir-still-stands. html>. â€Å"National Registry of Historic Places: Mississippi Harrison County. † National Registry of Historic Places. 26 Feb. 1999 Nofi, Albert A.A Civil War Treasury: Being a Miscellany of Arms and Artillery, Facts and Figures, Legends and Lore, Muses and Minstrels, Personalities and People. New York: Da Capo Press, 1995. Pratt, Dorothy & Pratt, Richard. A Guide to Early American Homes. New York: McGraw Hill, 1956. Rosenburg, R. B. Living Monuments: Confederate Soldiers' Homes in the New South. Chapel Hill, NC: The University of North Carolina Press, 1993. Tinling, Marion. Women Remembered: A Guide to Landmarks of Woman's History in the United States. New York: Greenwood Press, 1986. Wright, John D. The Language of the Civil War. Westport, CT: Oryx Press. 2001.

History/Industrial Boom Essay

During the period of 1860-1900, there were many factors that helped to promote America’s industrial growth. There were many obstacles that kept America from industrializing such as scarce labor, plentiful land, and expensive labor. Once immigrants started to pour in they would work for a lot less money making industrialization possible. With more manpower, for less money they could increase the production at any place. The building of railroads and machines greatly helped industrialization along with the immigrants working for less money. A huge factor in industrialization between 1860-1900 was immigration. About 23 million people came from other countries and immigrated to the U.S in that time. Most of these immigrants had no skill and no rep in America when they got here. They worked for little to no money making labor very cheap and affordable for industries. The immigrants allowed companies to make money by treating them unfairly and using the money they made to further bu ild their company. Having a machine do a man’s job was great for industrialization. It allowed for a factory to save money and only pay one man, to run the machine, and have the machine do the work of ten men. Having machines made production a lot faster and allowed for less product to spoil saving the factory or company money. The machines were powered by either coal or water power, which were both very cheap. Factories found a way to increase efficiency while also saving money. During the period of time between 1860 and 1900, there were many needs in industry. These needs included communication, natural resources, power sources, cheap labor, and applied technology. According to a pie graph of American in the 1850s, 52% of all power came from animals while only 35% came from water and coal. By the 1900s, the use of water and coal more than doubled to 73% of all power sources. Transportation such as the railroad system was a very important part of industrialization. Transporting material goods could be sped up and could be delivered to farther places. Trains could transport finished goods and raw materials to processing plants. Railroads were a lot faster than wagons, the previous way of transporting goods in America. In the 1860 Republican platform it is evident that the Republican party of the Federal Government was in control during most of the country’s industrial boom. Their platform wanted to impose tariffs, or taxes, on foreign goods to keep America’s spending within its own borders. They also supported the construction of the Transcontinental Railroad. The railroad allowed goods to be sold throughout the whole country, which in turn increased production and sales. At that point in time, as well as today, time equaled money. Travel times were cut, and therefore money was raked in more than ever before. According to a graph, of miles of railroad track in the U.S from 1860-1900, by 1900, there was almost 200,000 miles of railroad track in America. This was an increase of over 160,000 miles from 1860. The United States was â€Å"on track† to becoming a huge industrial nation. Many different factors between 1860 and 1900 contributed to the industrialization of America. Immigration allowed for cheap and common labor. Railroad systems allowed for faster transportation of goods. Machines found ways to save money and increase production while saving money. These factors along with Republicans being in favor of industrialization allowed for an industrial boom in America.

Pros and Cons of Forming an LLC

Among the foremost choice an individual might encounter as a business owner might be, if at all or not to register his business or set up a limited liability company – LLC. (Evaluating Incorporating a Business or Forming a Limited Liability Company (LLC)) Setting up a Limited Liability Company –LLC has come to be an accepted choice in case of solely managed businesses and partnerships who have considered setting up a corporation with a view to safeguard one’s own assets. (Why More Business Owners  Choose LLCs) LLCs pose a better option in case of corporations and partnerships as these are equipped with a lot of advantages of both.A limited liability company, or â€Å"LCC†, therefore is a business which is not incorporated and has the twin features of a corporation as well as a partnership. This organization is especially appropriate in case of family businesses, professional licensees, non-US resident owners and businesses running overseas. (Incorporatin g Questions) An LLC is sometimes depicted as a blend of a partnership and a corporation. This is due to the fact that a LLC mixes the tax benefits and management adjustability of a partnership with the liability protection of a corporation. (Why More Business Owners  Choose LLCs)The benefits of forming an LLC remains that the members are given limited liability and have been charged taxes similar to that of a partnership. Through the formation of an LLC in place of a corporation, an individual avails of the entire spectrum of advantages of setting up a corporation, however one can stay clear from a few problems that one might face if he sets up a corporation. (For Entrepreneurs: Forming an LLC) The maximum advantage of forming a company or setting up an LLC lies in its scope to segregate one’s personal identity from one business, lowering the possibility of one’s own assets becoming implicated by business debts or lawsuits. The additional benefit comprises likely tax benefits, simpler access to capital funding, ownership secrecy and centralized management. (Frequently Asked Questions: About Incorporating)Particularly, at the time when an individual forms a corporation, he is taxed twice. This irritation is possible to circumvent, in case he sets up an LLC. The LLC permits more than one owner, or members. Moreover, a managing member is present, who also avails the benefits of limited liability and is naturally the person in charge of the management of the business. It is the proprietor’s personal income tax returns through which the profits or losses go through directly on their Form 1040.The LLC books a Form 1065, and subsequently makes a record of every member’s taxable profit on Form K-1. To put in different words, the LLC itself never files taxes. This is the implication of avoiding double taxation with an LLC. In case of a corporation, it works in a different manner. Taxes are imposed on the corporation, and, consequently shou ld file taxes. Subsequently, distributions to the proprietors are taxed. In spirit, the government charges twice from one’s revenues in place of once in case of an LLC as opposed to a corporation. (For Entrepreneurs: Forming an LLC)  LLCs possess a higher flexibility at the management level compared to corporations. (Why More Business Owners  Choose LLCs) In case of setting up an LLC, two alternatives for organizing the management of the LLC are there: â€Å"Member-managed† or â€Å"manager-managed†. The proprietor of LLCs, those who are current members in the management of their business sometimes set up an LLC which is managed by the member. In case of LLC which is managed by the member, management authority and obligatory authority remains with all of the members or owners of the LLC.â€Å"Manager Management† is the place in which one or more people irrespective of proprietors are chosen to shoulder responsibility for managing the LLC. The propriet ors who are themselves not owners, at times family members those who have put in their money in the company just relax and share in the profits of LLC. In case of an LLC having a manager, simply the appointed managers possess a chance to vote on management decisions and function as the agents of the LLC. Managers may or may not also be members of the LLC. In some instances, the concern in a manager-managed LLC might be contemplated to be the securities with the condition that it is registered with the federal and/or state government. (Advantages of Forming an LLC)An additional benefit of setting up an LLC is the safeguard given to the proprietors from personal liability in case of business debts and/or claims. Since, just LLC assets are made use of for meeting business liabilities, LLC owners become the loser of just the money which they have invested in the LLC. As against this, sole business owners and general partnerships give no limited liability protection in case of their owne rs- rendering the owners of sole proprietorships and partnerships to be liable in their individual capacities for every debt, claims and obligations linked with business.Setting up an LLC can even be a big option for partners seeking flexibility in the means they share ownerships and profits. As against corporate shareholding whose ownership of stock and share of profits should be in percentage of their investment, partners in an LLC can normally share ownership in any manner they think it to be suitable. For instance, ownership of an LLC having two partners can be subdivided halfway in case they decide as such and in that case each partner might not have to pool half of the total capital investment. Besides, as against corporations, LLCs function somewhat unofficially. For instance, LLCs are normally permitted to function with no restrictions on the annual ownership and management meetings. (Advantages of Forming an LLC)Nevertheless it continues to a good norm to conduct meetings a nd keep a record of decisions, however, no one is under any compulsion to act in that manner under majority of the state rules. Because of this, an individual can have considerably more time in his hand, placing one in charge of and when meetings are held, as one considers vital. Besides, proprietors of LLCs who are against accepting default tax classifications have the choice of choosing an independent tax classification. For instance, an LLC might choose to be taxed as a corporation.This choice is made by submitting the filled in IRS Form 8832. An LLC which prefers to be imposed taxes as a corporation continue to reserve the legal features of an LLC under the rules governing LLCs in the state in which it is established, however it is considered as a corporation for purposed of taxes, put under corporate income tax rates and the same tax considerations related to conventional corporations. An LLC might also prefer to be taxed just like an S corporation. This preference is exercised by submitting the IRS Form 2553. (Advantages of Forming an LLC) Finally, as against corporations, it is not customary for LLCs to conduct an annual meeting and draft meeting minutes. (Why More Business Owners  Choose LLCs)But what is the reason behind everyone not joining the LLC brigade? Are there any demerits of an LLC? What is the reason behind every corporation in the world not getting converted to a LLC status? What are the reasons behind the continued formation of the conventional C corporations and S corporations? There are not many answers to that question. (For Entrepreneurs: Forming an LLC) To speak the truth, everything is far from being perfect. Some costs and problems arise from running an LLC. LLC possesses the demerits of being less popular.The limited liability company is the latest arrival on the corporate scene. Even though this is changing fast, some individuals are not aware about LLC compared to a conventional corporation – which is something to think about when attracting investors and so on. (LLCs: Do They Make Sense for Your Business?) As a lot of companies will be looking forward to investment from outside sources and will be presenting stock options to employees, several angel investors and venture capital firms continue to be gun-shy regarding investing in LLCs as this is a new business set up that is hardly intelligible. (For Entrepreneurs: Forming an LLC)An additional preference of the C Corporation over the LLC is that legal companies are poised to possess a lot more boilerplate accord for C Corporations compared to a LLC. Therefore, one might be incurring more legal expenses in the formation of an LLC as more time is required to be devoted by the lawyer during drafting agreements. Indeed, this will transform with the passage of time as greater number of business companies espouse LLC category. (For Entrepreneurs: Forming an LLC) LLC also face the demerits of higher costs incurred in banking. In case of accounts for smal l businesses or unofficial partnership, these are sometimes free, till an individual maintains a higher balance.However a bank account in case of a limited liability company will possibly charge fees of $10, $20 or higher every month. LLC possess more intricate tax returns. An LLC will submit its own tax return in case it is running as a partnership firm, C corporation, or S corporation. This implies one’s expenses for tax return will be close to few thousand dollars annually. Besides, as documents in case of a limited liability corporation are required to be filed with the state, as against a general partnership, it implies tardiness to a little extent. (LLCs: Do They Make Sense for Your Business?)To conclude, it might be held that LLCs are a superb establishment whose reputation is rising. LLCs are among the most adaptable business establishments available which are perfect in case of small or fresh companies. In case of a lot of new businesses, establishing an LLC implies the ideal of both scenarios. Akin to a partnership, taxes are imposed directly to the business, evading the double taxation problem with the corporations. Moreover, akin to corporations, LLCs present liability shield in case of owners and their assets.Additionally, lesser concurrent needs and rules and regulations minimize the extent of paperwork and maintenance required to safeguard an LLC’s standing, thereby rendering them safer compared to corporations. But, LLCs is not everybody’s cup of tea, since it has its demerits too. It is important to know regarding the advantages of LLCs and also its disadvantages.ReferencesAdvantages of Forming an LLC.For Entrepreneurs: Forming an LLC.