ASSIGNMENT Your assignment. PART A Ten .docx - ASSIGNMENT Your assignment PART A Ten Vocabulary words As you read the text above select 10 vocabulary

ASSIGNMENT Your assignment. PART A Ten .docx - ASSIGNMENT...

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ASSIGNMENT: Your assignment. PART A: Ten Vocabulary words. As you read the text above select 10 vocabulary words (minimum). You select the words new to you, or words used in a way new to you. List each word and then a definition that fits the usage of the word. Look up the definition in an academic dictionary (such as Oxford or Miriam Webster's New Collegiate , but not Google.) Then write the definition IN YOUR OWN WORDS. Select as many vocabulary words as needed to fill up the requirement of 10. PART B: Answer the following questions. Do NOT retype the question.
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In your own words explain the meaning of the word trust ? [ Hint: see the passage above colored like this. ] Also check out this Link (Links to an external site.) According to Veblen who were the first people to establish this kind of business? Who were they and where did they come from? When did they live? Link (Links to an external site.) Veblen says this economic system developed in phases. Describe in your own words the products, services, means of shipping, organization and means of control of the first phase of the great Viking enterprises. [
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See the long passage colored like this. ] What caused the first phase to end? What does cut-throat competition mean? How does Palnatok i [ Link (Links to an external site.) ] fit the definition of a successful business leader? Explain how and why the Jomsvikings
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[ Link (Links to an external site.) ] fit the definition of a successful business trust? [ Hint: the passage is colored like this. ] How does the second phase differ from the first. [ See the passage colored like this. ] What lessons can a modern captain of industry draw from the age of the Vikings and Jomsvikings? the_vikings_by_thorstein_veblen.docx THE VIKINGS, AN EARLY EXPERIMENT IN TRUSTS
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An extract from THE PLACE OF SCIENCE IN MODERN CIVILIZATION AND OTHER ESSAYS by THORSTEIN VEBLEN Link (Links to an external site.) 1919 ------------------------------------------------------------------------ ------------------------------------------------- This text is kindly provided without cost to students by Project Various businesses are actively attempting to stop this kind of publication. If you wish to support continued access to free books for students please make a donation to Project Gutenberg at this link-------------- > Link
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------------------------------------------------------------------------ -------------------------------------------------- AN EARLY EXPERIMENT IN TRUSTS [1] [ . . . ] the area of characterization of the West-European culture [ . . . and the . . . ] blond racial stock that bears this culture, is the region bordering on the North Sea and the Baltic, and its center of diffusion is to be sought on the southern shores of the Baltic. This region is in a manner, then, the primary focus of that culture of enterprise that has reshaped the scheme of life for mankind during the Christian era. Its spirit of enterprise and adventure has carried this race to a degree of material success that is without example in history, whether in point of the extent or of the scope of its achievements. Up to the present the culminating achievement of this enterprise is dominion in business, and its most finished instrument is the quasi-voluntary coalition of forces
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known as a Trust.
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  • Fall '16
  • Christopher L. Litten, MA, Ph.D.

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