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Internet Exercises
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Explore the Web site of Lincoln Electric (www.lincolnelectric.com), a leading producer of arcwelding products. Lincoln has dominated its markets by utilizing a management philosophy that is similar to the early 20th-century ideas of Frederick Winslow Taylor, the father of scientific management. Use the site's map feature to locate and read about the history of Lincoln Electric ("our history") and also learn what it is like to work at Lincoln Electric ("career opportunities"). Then answer the following questions:

  1. What are the important features of the Lincoln Electric Performance System?
  2. What do you think it would be like to work at Lincoln Electric? Would you enjoy working there? Why or why not?
  3. What are Lincoln Electric's mission and vision? How does its Incentive Performance System support them?
  4. Do you think Lincoln Electric is a well-managed company based on what you have read about it? On what information do you base your conclusion? Explain.







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