Adnoc distribution first company brief business essay

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Adnoc distribution first company brief business essay

Both Cayley and Walker were theorists, though Cayley supported his theoretical work with enough of practice to show that he studied along right lines; a little after his time there came practical men who brought to being the first machine which actually flew by the application of power.

It is on record that, in the year one of these carriages conveyed sixteen people from Bristol to London. Phillips constructed a model machine which weighed two pounds; this was fitted with revolving fans, driven by the combustion of charcoal, nitre, and gypsum, producing steam which, discharging into the air, caused the fans to revolve.

The invention, however, was not followed up. After Phillips, we come to the great figures of the middle nineteenth century, W. Henson and John Stringfellow. Cayley had shown, inhow success might be attained by developing the idea of the plane surface so driven as to take advantage of the resistance offered by the air, and Henson, who as early as was experimenting with model gliders and light steam engines, evolved and patented an idea for something very nearly resembling the monoplane of the early twentieth century.

If any light and flat or nearly flat article be projected or thrown edgewise in a slightly inclined position, the same will rise on the air till the force exerted is expended, when the article so thrown or projected will descend; and it will readily be conceived that, if the article so projected or thrown possessed in itself a continuous power or force equal to that used in throwing or projecting it, the article would continue to ascend so long as the forward part of the surface was upwards in respect to the hinder part, and that such article, when the power was stopped, or when the inclination was reversed, would descend by gravity aided by the force of the power contained in the article, if the power Adnoc distribution first company brief business essay continued, thus imitating the flight of a bird.

The surface of the planes was to amount to 4, square feet, and the tail, triangular in form here modern practice diverges was to be 1, square feet. The inventor estimated that there would be a sustaining power of half a pound per square foot, and the driving power was to be supplied by a steam engine of 25 to 30 horse-power, driving two six-bladed propellers.

Henson was largely dependent on Stringfellow for many details of his design, more especially with regard to the construction of the engine.

History & Background

The publication of the patent attracted a great amount of public attention, and the illustrations in contemporary journals, representing the machine flying over the pyramids and the Channel, anticipated fact by sixty years and more; the scientific world was divided, as it was up to the actual accomplishment of flight, as to the value of the invention.

Strongfellow and Henson became associated after Adnoc distribution first company brief business essay conception of their design, with an attorney named Colombine, and a Mr Marriott, and between the four of them a project grew for putting the whole thing on a commercial basis—Henson and Stringfellow were to supply the idea; Marriott, knowing a member of Parliament, would be useful in getting a company incorporated, and Colombine would look after the purely legal side of the business.

Adnoc distribution first company brief business essay

The prospectus, calling for funds for the development of the invention, makes interesting reading at this stage of aeronautical development; it was as follows: For subscriptions of sums of L, in furtherance of an Extraordinary Invention not at present safe to be developed by securing the necessary Patents, for which three times the sum advanced, namely, L, is conditionally guaranteed for each subscription on February 1,in case of the anticipations being realised, with the option of the subscribers being shareholders for the large amount if so desired, but not otherwise.

The discovery is of that peculiar nature, so simple in principle yet so perfect in all the ingredients required for complete and permanent success, that to promulgate it at present would wholly defeat its development by the immense competition which would ensue, and the views of the originator be entirely frustrated.

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This work, the result of years of labour and study, presents a wonderful instance of the adaptation of laws long since proved to the scientific world combined with established principles so judiciously and carefully arranged, as to produce a discovery perfect in all its parts and alike in harmony with the laws of Nature and of science.

The Invention has been subjected to several tests and examinations and the results are most satisfactory so much so that nothing but the completion of the undertaking is required to determine its practical operation, which being once established its utility is undoubted, as it would be a necessary possession of every empire, and it were hardly too much to say, of every individual of competent means in the civilised world.

Its qualities and capabilities are so vast that it were impossible and, even if possible, unsafe to develop them further, but some idea may be formed from the fact that as a preliminary measure patents in Great Britain Ireland, Scotland, the Colonies, France, Belgium, and the United States, and every other country where protection to the first discoveries of an Invention is granted, will of necessity be immediately obtained, and by the time these are perfected, which it is estimated will be in the month of February, the Invention will be fit for Public Trial, but until the Patents are sealed any further disclosure would be most dangerous to the principle on which it is based.

It is, therefore, intended to raise the sum of L2, in twenty sums of L each of which any subscriber may take one or more not exceeding five in number to be held by any individual the amount of which is to be paid into the hands of Mr Colombine as General Manager of the concern to be by him appropriated in procuring the several Patents and providing the expenses incidental to the works in progress.

For each of which sums of L it is intended and agreed that twelve months after the 1st February next, the several parties subscribing shall receive as an equivalent for the risk to be run the sum of L for each of the sums of L now subscribed, provided when the time arrives the Patents shall be found to answer the purposes intended.

As full and complete success is alone looked to, no moderate or imperfect benefit is to be anticipated, but the work, if it once passes the necessary ordeal, to which inventions of every kind must be first subject, will then be regarded by every one as the most astonishing discovery of modern times; no half success can follow, and therefore the full nature of the risk is immediately ascertained.

The intention is to work and prove the Patent by collective instead of individual aid as less hazardous at first end more advantageous in the result for the Inventor, as well as others, by having the interest of several engaged in aiding one common object—the development of a Great Plan.

Adnoc distribution first company brief business essay

The failure is not feared, yet as perfect success might, by possibility, not ensue, it is necessary to provide for that result, and the parties concerned make it a condition that no return of the subscribed money shall be required, if the Patents shall by any unforeseen circumstances not be capable of being worked at all; against which, the first application of the money subscribed, that of securing the Patents, affords a reasonable security, as no one without solid grounds would think of such an expenditure.

It is perfectly needless to state that no risk or responsibility of any kind can arise beyond the payment of the sum to be subscribed under any circumstances whatever.

As soon as the Patents shall be perfected and proved it is contemplated, so far as may be found practicable, to further the great object in view a Company shall be formed but respecting which it is unnecessary to state further details, than that a preference will be given to all those persons who now subscribe, and to whom shares shall be appropriated according to the larger amount being three times the sum to be paid by each person contemplated to be returned as soon as the success of the Invention shall have been established, at their option, or the money paid, whereby the Subscriber will have the means of either withdrawing with a large pecuniary benefit, or by continuing his interest in the concern lay the foundation for participating in the immense benefit which must follow the success of the plan.

It is not pretended to conceal that the project is a speculation—all parties believe that perfect success, and thence incalculable advantage of every kind, will follow to every individual joining in this great undertaking; but the Gentlemen engaged in it wish that no concealment of the consequences, perfect success, or possible failure, should in the slightest degree be inferred.

They believe this will prove the germ of a mighty work, and in that belief call for the operation of others with no visionary object, but a legitimate one before them, to attain that point where perfect success will be secured from their combined exertions.Abu Dhabi National Oil Company (ADNOC) is a diversified and integrated group of energy companies.

ADNOC’s activities include exploration and production of crude oil and natural gas; refining, marketing, supply and transportation, and the manufacture and distribution of petrochemicals.

Evaluation of theories on organizational structures

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