History of business Essay Example | Topics and Well Written Essays - 2000 words

History of business - Essay Example In the next segment, historical perspectives of marketing, consumerism and entrepreneurship have been discussed. Further by discussing the impact of technology, changing nature of work and the concept of deindustrialization, an attempt has been made to highlight the historical evolution and portrait of the current business scenario. The term is specially referred to huge sized organizations or multinational businesses either in individual or collective sense. Today Microsoft, Google, General Motors, and Wal-Mart are leading organizations that are the leading Big Businesses. The term came on the horizon just after the American Civil War along with the combination movement when the US Congress passed the legislation to allow the individual business entities to form up corporations. From 1895 to 1905, small organizations or firms took benefits from new legislation and consolidated into huge corporation through mergers and acquisitions processes. During the early phase of the Big Business, the US government had a lenient policy toward the business. Along with large public opinion, the government also believed on the laissez-fair theory that demands free economic markets without the government intervention. Therefore free developing market environment created a competition that led to fair prices for consumers. But it was a temporary phase. Within few years, these corporations became dominant on the American industries. They quickly gained control of all the aspects of the market of their respective industry and set new business trends and American life sty les. Such corporations and their owners became exceedingly rich and influential mostly at the cost of numerous poor workers. For example during that era, Andrew Carnegie’s Carnegie Steel, John D. Rockefeller’s Standard Oil Company, J.P. Morgan’s Banking House, and Cornelius Vanderbilt’s New York Central Railroad System were the leading Big Business organizations. The owners of Big Business were

Assumptions of Human Behavior Personal Statement

Assumptions of Human Behavior - Personal Statement Example Her way of writing the letters, as emails and chats were not so prevalent few years back, was so charming that I had assumed her as the most beautiful girl on the earth. We finally fixed up a meeting and to my utter disappointment she was much older and totally devoid of the glamour I had attached to her in my conception. May be those were the fancies of a teenager about an unseen person but later I came across many similarly shocking revelations. For example as a student I had developed high regard for our literature teacher. She had a very calm, composed and elegant personality and I had her image in my mind as a person full of compassion. Once I saw her in the market place, shouting on top of her voice over some trivial matter. I felt as if she was hammering upon the beautiful image I had carved out for her in my heart. Human nature always keeps startling us in various ways. Many a times these revelations come to us after long associations. For instance, an elderly lady who was my business associate had taken great liking for me. Although we did business together, she treated me as her son. We had long conversations and she made me feel like her most precious associations. She confided in me about each and every matter including her souring relationship with her own children. She often told me how inconsiderate they had become towards her. She also appreciated my cordial relations with everyone around me and many a times even pleaded me to tell her how she can improve her relations with her family. Although I was much younger to her, she looked forward to my advice on all matters. One day I succumbed to her pleadings and made the mistake of telling her how she could improve her behavior. To my utter amazement, she turned around just like the ugly frog turning into a beautiful prince. This time it was the other way round. It was the beautiful prince or princess turning into an ugly frog. Her honey dipped tongue suddenly started shooting poison arrows at me. And in fraction of a second I was not only thrown down from the cloud nine where she had placed me but was trampled upon with demeaning expletives. This experience and many other experiences prove that human nature is totally unpredictable and it is very difficult to assume human behavior and reactions. At the same time, we still keep building a mental image of a person based on certain behavior portrayed by him or her. May be this is Nature's way of keeping the human race alive because in absence of any kind of expectation, we will lose interest in life. We have to accept such behavior as part of life. Even tiny creatures like birds show dedicated affection for their young ones who fly out of the nest as soon as they learn how to fly. The parent birds do not spend rest of their life shedding tears over this. They move on. We human beings are larger than those birds and that is why our behavior also has more amplified aspects and our reactions are even more amplified. This may be a natural trait but we can improve upon it with some acquired behavior just like we have acquired behavior in dressing, cooking and eating. We can learn to be mentally prepared for facing sudden change in people's behavior and not be so shocked. It is not an easy task just like learning to walk is not an easy task for a baby, just like tying shoelaces is not an easy task for a child. But they all learn it. We all can also learn that human