Question 4: How does a company like Siemens benefit from the use of motivation theories to influence its management style and strategies? Understanding of motivation theories can play a very important role in influencing the management style and strategies of a large corporation like Siemens. These theories help companies to develop and implement effective policies and strategies for attracting right types of people needed by them to man the organization‚ to retain them in the organization and to
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technology‚ eight-speed automatic transmission‚ and an electrical drive system developed specifically for this model fitted between the engine and transmission. An automatic clutch connects the gasoline engine and the electric motors. Drawing its energy from a high-voltage battery at the back of the car‚ the electric motor develops maximum output of 40 kW. The drivetrain technology featured in the BMW Concept 5 Series ActiveHybrid allows all-electric driving in city traffic. An Auto Start Stop function
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three-dimensional flow-field and relative pathlines for the rotating flow in a Tesla disc turbine Sayantan Sengupta‚ Abhijit Guha ⇑ Mechanical Engineering Department‚ Indian Institute of Technology‚ Kharagpur‚ Kharagpur 721302‚ India a r t i c l e i n f o Article history: Received 22 December 2012 Received in revised form 18 June 2013 Accepted 8 September 2013 Available online 19 September 2013 Keywords: Tesla turbine Absolute pathline Relative pathline 3-D CFD simulation Flow reversal
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A Pelton wheel‚ also called a Pelton turbine‚ is one of the most efficient types of water turbines. It was invented by Lester Allan Pelton (1829-1908) in the 1870s‚ and is an impulse machine‚ meaning that it uses Newton’s second law to extract energy from a jet of fluid. Contents * 1 Function * 2 Applications * 3 See also * 4 External links [edit] Function The pelton wheel turbine is a tangential flow impulse turbine‚ water flows along the tangent to the path of the
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1 PEST Analysis - Banking Sector in United States Product Type: Market Research Report Published by: Synergyst Published: March 2007 Product Code: R739-67 Description PEST analysis of any industry sector investigates the important factors that are affecting the industry and influencing the companies operating in that sector. PEST is an acronym for political‚ economic‚ social and technological analysis. Political factors include government policies relating to the industry‚ tax policies‚
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Executive Summary The report will analyze the case study discussing the bribery scandal at Siemens AG. The case study raised the question of accountability of senior managers to the rampant corruption occurring in global divisions. Siemens AG is a German based company with executive offices in Munich. Siemens builds locomotives‚ traffic control systems and infrastructure. The company was brought up on charges of violation to the FCPA as a result of bribes of government officials. Outlining
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Introduction to PEST analysis PEST analysis is concerned with the environmental influences on a business. The acronym stands for the Political‚ Economic‚ Social and Technological issues that could affect the strategic development of a business. Identifying PEST influences is a useful way of summarizing the external environment in which a business operates. However‚ it must be followed up by consideration of how a business should respond to these influences. The table below lists some possible
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criteria examples ecological/environmental current legislation future legislation international legislation regulatory bodies and processes government policies government term and change trading policies funding‚ grants and initiatives home market pressure- groups international pressure- groups wars and conflicts Political 1. No significant awareness program around disease education/recognition resulting in lower awareness in policy makers. 2. Orphan disease
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HRM Human resource management is a strategic and coherent approach to the management of an organization’s most valued assets – the people working there‚ who individually and collectively contribute to the achievement of its objectives. Boxall et al(2007) describe HRM as ‘the management of work and people towards desired ends’. John Storey (1989) believes that HRM can be regarded as a ‘set of interrelated policies with an ideological and philosophical underpinning’. He suggests four aspects that
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PEST considers four macro environmental factors; political‚ economic‚ social and technological (Abdullah & Shamsher‚ 2011; Gupta‚ 2013; Ward‚ 2005; Koumparoulis‚ 2013; Nunes & Peng‚ 2007). The framework investigates the external environmental factor of a business to examine a business’s position in an industry or environment and feasibility of the business venture in that environment (Nunes & Peng‚ 2007). PEST assumes that the success of companies is dependent
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