Full Answer
What are the advantages of empire-building leadership?
From the perspective of empire-building leadership, empire-building can maximize both job security and promotability. Finally, empire-building can increase prestige for both the company and empire builders.
What is the purpose of empire building in a corporation?
A corporation might attempt to control a larger market share or form a conglomerate to branch into other industries in an attempt to grow the corporation's influence, assets under control, and influence. Empire building is the pursuit to enlarge the size, scope, and influence of an individual or organization's power.
What are the negative effects of empire building in a corporation?
Empire building is typically seen as unhealthy for a corporation, as managers will often become more concerned with acquiring greater resource control than with optimally allocating resources. Corporate controls imposed by a company's board and upper-level management are supposed to prevent empire building within a corporation's ranks.
How is the concept of resource pyramid related to empire building?
The concept is related to empire-building as people often become more concerned with acquiring greater resource control (growing the layers of the pyramid "beneath" them) than with being efficient.
How did the spread of international commerce affect the colonial economy?
The spread of international commerce created a lively cultural life and great affluence in colonial cities. But it also created deep divisions between rich and poor. Wealthy merchants and professionals congregated in urban areas along with a middling group of artisans and shopkeepers and a growing class of unskilled laborers, widows, orphans, the elderly, the disabled, and the unemployed. The frequent wars of the late seventeenth and early eighteenth centuries contributed to these divisions by boosting the profits of merchants, shipbuilders, and artisans. They also improved the wages of seamen temporarily. But in their aftermath, rising prices, falling wages, and a lack of jobs led to the concentration of wealth in fewer hands.
How did global trade and international warfare affect the political and economic calculations of imperial powers?
The combined forces of global trade and international warfare altered the political and economic calculations of imperial powers. This was especially true for British North America, where colonists settled as families and created towns that provided key markets for Britain’s commercial expansion. Over the course of the eighteenth century, British colonists became increasingly avid consumers of products from around the world. Meanwhile the king and Parliament, determined to reap the benefits of their costly empire, sought greater control over these far-flung commercial networks.
What goods were traded in the early eighteenth century?
By the early eighteenth century, both the volume and the diversity of goods multiplied. Silk, calico, porcelain, olive oil, wine, and other goods were carried from the East to Europe and the American colonies, while cod, mackerel, shingles, pine boards, barrel staves, rum, sugar, rice, and indigo filled ships returning west. A healthy trade also grew up within North America as New England fishermen, New York and Charleston merchants, and Caribbean planters met one another’s needs. Salted cod and mackerel flowed to the Caribbean, and rum, molasses, and slaves flowed back to the mainland. This commerce required ships, barrels, docks, warehouses, and wharves, all of which ensured a lively trade in lumber, tar, pitch, and rosin. The volume of trade originating in British North America was impressive. Between April and December 1720, for example, some 425 ships sailed in and out of Boston harbor alone (Map 3.2).
What were the major items of trade in the late seventeenth and early eighteenth centuries?
For instance, wealthy Englishmen had long desired fine porcelain from China, and by the early eighteenth century the Chinese were making teapots and bowls specifically for that market. The trade in cloth, tea, and sugar was similarly influenced by European tastes. The exploitation of African laborers contributed significantly to this global commerce. They were a crucial item of trade in their own right, and their labor in the Americas ensured steady supplies of sugar, rice, tobacco, indigo, and other goods for the world market.
What was the importance of tea in the British culture?
Many Anglo-American elites used their knowledge of London fashions to reassert their British identity. Tea drinking was especially important in this regard, and families who could afford the finest furnishings and the time for extended social rituals made teatime a daily event. Yet the tea served at the home of Boston merchant Anthony Stoddard was imported from East Asia; the cups, saucers, and teapot were from China; and a handsome bowl held sugar from the West Indies. Stoddard decorated his home with heavily lacquered “japanned” boxes, French-patterned wallpaper, Indian calico bedding, and Italian silk curtains—all of which demonstrated that he was a successful merchant as well as a fashionable British citizen.
What was the North Atlantic trade?
North Atlantic Trade in the 18th Century North Atlantic trade provided various parts of the British empire with raw materials, manufactured goods, and labor. Many ships traveled between only two regions because they were equipped to carry particular kinds of goods— slaves, grains, or manufactured goods. Ultimately, however, people and goods were exchanged among four key points: the West Indies, mainland North America, West Africa, and Great Britain.
Where did the slave trade take place?
The Slave Trade in Numbers, 1501-1866 Extraordinary numbers of Africans were shipped as slaves to other parts of the world from the sixteenth to the nineteenth century. These shipments increased dramatically during North America's colonial era (1601-1775). Although the slave trade transformed mainland North America, the vast majority of enslaved Africans were sent to Brazil and the West Indies.
When does empire building occur?
Empire building can also occur in the larger public arena when corporations take steps to acquire competitors or other firms that might offer downstream or upstream integration or other synergies.
Why is empire building considered a negative?
Empire building can be considered as a negative for a corporation because management can become fixated on controlling resources and influence than with optimally allocating resources and maximizing profits.
How do strategic alliances help empires?
Forming strategic alliances is another effective way in which empires are built. By creating powerful alliances, a company is able to grow in a consistent and predictable manner. A good example is when defense companies use government contracts to rapidly expand.
What is family empire?
A family empire is a large company or enterprise that is primarily controlled by a single-family. Famous family empires in history include the Waltons (Walmart), the Mars family (Mars chocolate), and the Thomsons (Thomson Reuters).
What was Andrew Carnegie's strategy for building a massive iron and steel empire?
In the 1870s, Andrew Carnegie used vertical integration as one of his main strategies to build a massive iron and steel empire.
What is the act of attempting to increase the size and scope of an individual or organization's power and influence?
Empire building is the act of attempting to increase the size and scope of an individual or organization's power and influence.
Does empire building cause conflict of interest?
But as we mentioned earlier, empire-building often leads to a conflict of interest between management and its stakeholders. In other words, management decisions that expand the size and scope of a company very often don't benefit shareholders or strengthen the business's long-term health.
Calculus
A medicine is administered to a patient. The amount of medicine M, in milligrams, in 1 mL of the patient’s blood, t hours after the injection, is M (t)=-1/3t^2+t where 0
physics
A hypodermic syringe contains a medicine with the density of water (figure below). The barrel of the syringe has a cross-sectional area of 2.44 10-5 m2. In the absence of a force on the plunger, the pressure everywhere is 1.00
Math
A certain medicine is given in the amount proportional to a patient's body weight. Suppose a patient weighing 164 pounds requires a 205 milligram of medicine. What is the weight of a patient who requires 173.75 milligrams of
Math
A doctor orders a dosage of 5 ml of medicine every 4 hours for 8 days how many fluid ounces of medicine should be purchased Help sole
US History
Use the political cartoon to answer the question. A political cartoon shows an overweight Uncle Sam getting a new outfit made at a shop with the President measuring him for a new suit. The rolls of cloth are labeled Enlightened
Physics
The drill bit of a variable speed electric drill has a constant angular acceleration of 2.50 rad/s^2. the initial angular speed of the bit is 5.00 rad/s. after 4.00s, (a) what angle has the bit turned through and (b) what is the
math
A certain medicine is given in an amount proportional to a patient's body weight. Suppose a patient weighing 119 pounds requires 136 milligrams of medicine. What is the weight of a patient who requires 200 milligrams of medicine?
What do modern farmers believe the Incan ways can offer simple solutions to help protect communities' food supply in the face of?
Modern farmers believe the Incan ways can offer simple solutions to help protect communities' food supply in the face of climate change . (Cynthia Graber) After the Spanish conquest, the Incan population was devastated and much of the traditional farming knowledge and engineering expertise was lost. (Cynthia Graber)
How efficient are terraces?
And the terraces are extremely efficient at conserving scarce water from rain or irrigation canals , says Kendall. “We’ve excavated terraces, for example, six months after they’ve been irrigated, and they’re still damp inside. So if you have drought, they’re the best possible mechanism.”.
What did the Incas grow in the Andes?
They developed resilient breeds of crops such as potatoes, quinoa and corn. They built cisterns and irrigation canals that snaked and angled down and around the mountains. And they cut terraces into the hillsides, progressively steeper, from the valleys up the slopes. At the Incan civilization’s height in the 1400s, the system of terraces covered about a million hectares throughout Peru and fed the vast empire.
How do terraces help plants grow?
And the terraces are extremely efficient at conserving scarce water from rain or irrigation canals, says Kendall. “We’ve excavated terraces, for example, six months after they’ve been irrigated, and they’re still damp inside. So if you have drought, they’re the best possible mechanism.” If the soil weren’t mixed with gravel, points out Kendall, “when it rained the water would log inside, and the soil would expand and it would push out the wall.” Kendall says that the Incan terraces are even today probably the most sophisticated in the world, as they build on knowledge developed over about 11,000 years of farming in the region.
How many hectares did the Incan civilization cover?
At the Incan civilization’s height in the 1400s, the system of terraces covered about a million hectares throughout Peru and fed the vast empire.
Which technique was more productive and efficient in terms of water use?
The Incan agricultural techniques are more productive and more efficient in terms of water use. Shown here are farmers repairing an ancient canal. Cynthia Graber
What are the remnants of ancient terraces?
The remnants of ancient terraces appear as lines of green on the mountains. Former irrigation canals carve hollows into the land. Today, in a corner of the Andes, people are breathing new life into ancient practices.
