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HST 318 - MODULE 4 EXAM QUESTIONS WELL ANSWERED LATEST UPDATE 2026

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HST 318 - MODULE 4 EXAM QUESTIONS WELL ANSWERED LATEST UPDATE 2026 CORPORATIONS AND ENGINEERS - Answers The Corporation in History - Answers Corporations are much more common today than in the past Most buisness were individual proprioterships, family firms, etc. before 1880 Why the change to Corporations? - Answers Large technology systems offer economies of scale to large corps Americas loose regulatory structure and changing legal practices Businessmen pushing politicians to make incorporation easier Corporations were up builders - funded, took entrepreneurial risks, etc. Henry Ford - Model T — created automobile that was much more reasonably priced — people had the option to choose how to travel Bell Telephone system — allowed families to communicate Standard Oil — kerosene rather than gasoline, quality emphasized — safe — saved Americans money for illuminating their homes Advantages to Corps - Answers Ability to raise money Attract top engineering talent Strong incentive to actually deliver a worthwhile product Rise of corporations attracts lots of engineers Disadvantages to Corps - Answers Products aimed at selling to those with the ability to pay — not focused on improving social good Often promote concentrations of wealth Attentive to needs of consumers; less attentive to laborers Environmental externalities Distinction from other professions - Answers Most other professions are not as integrated with corporations - Lawyers, etc. Consequences for engineers - Answers Loyalty to employer often higher than to profession Cost efficiency central for most engineers - will it pay versus will it work

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HST 318 - MODULE 4 EXAM QUESTIONS WELL ANSWERED LATEST UPDATE 2026

CORPORATIONS AND ENGINEERS - Answers

The Corporation in History - Answers Corporations are much more common today than in the
past

Most buisness were individual proprioterships, family firms, etc. before 1880

Why the change to Corporations? - Answers Large technology systems offer economies of scale
to large corps

Americas loose regulatory structure and changing legal practices

Businessmen pushing politicians to make incorporation easier

Corporations were up builders - funded, took entrepreneurial risks, etc.

Henry Ford - Model T — created automobile that was much more reasonably priced — people
had the option to choose how to travel

Bell Telephone system — allowed families to communicate

Standard Oil — kerosene rather than gasoline, quality emphasized — safe — saved Americans
money for illuminating their homes

Advantages to Corps - Answers Ability to raise money

Attract top engineering talent

Strong incentive to actually deliver a worthwhile product

Rise of corporations attracts lots of engineers

Disadvantages to Corps - Answers Products aimed at selling to those with the ability to pay —
not focused on improving social good

Often promote concentrations of wealth

Attentive to needs of consumers; less attentive to laborers

Environmental externalities

Distinction from other professions - Answers Most other professions are not as integrated with
corporations - Lawyers, etc.

Consequences for engineers - Answers Loyalty to employer often higher than to profession

Cost efficiency central for most engineers - will it pay versus will it work

, Anonymity resulting from working in large teams

Engineers become managers more frequently than those in most other professions

ENGINEERS AND MANAGEMENT - Answers

Engineers and management - Answers Engineers moving to management positions is much
more common than other professions

Half of engineers over 55 in US and Europe are in management positions

Why do engineers move to management - Answers PULL

Better pay

Desire to improve organizational performance

Improve engineering outcomes by adding technical perspective

Greater autonomy



PUSH

Routinization of much engineering work

Technological obsolescence - having trouble keeping up with new technologies

Engineers and management thelrh - Answers Engineers have often contributed to management
theory

Engineering education has evolved over time to include management theory

Engineers and the corporate bureaucracy - Answers For most engineers, the restrictions of
corporations have not been overly burdensome

- staying in a budget

- following orders from above is acceptable

- anonymity accepted as necessary consequence of working on large and exciting technologies
— not being recognized for work

George Campbell and loading coils - Answers AT&T engineer - assigned in 1899 to work on
distortion in sound transmission-given free reign

In Sept 1899, he experiments and a prototype is shown with considerable progress

Patent papers were not filed until March 1900

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