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This quiz consists of 5 multiple choice and 5 short answer questions through The Apprentice Financier.

Multiple Choice Questions

1. What railroad focuses capital investments that either increase revenue or reduce unit cost to justify them?
(a) Pennsylvania.
(b) BNSF.
(c) Union Pacific.
(d) CSX.

2. Carnegie works ___________ years at the Pennsylvania Railroad while he develops managerial skill, economic principles and personal relationships to become a successful manager, capitalist and entrepreneur.
(a) Fourteen.
(b) Twelve.
(c) Eighteen.
(d) Sixteen.

3. Scott and Thomson like the Woodruff Sleeping Car Company that owns patents in 1858 but lacks what?
(a) Financial backing.
(b) The courage and business sense to develop them.
(c) Understanding of this business.
(d) Intelligence.

4. A typical pattern in the ____________ century is that a community builds up around a few pioneers who leave their homeland and then encourage friends and relatives to join them.
(a) Sixteenth.
(b) Eighteenth.
(c) Nineteenth.
(d) Seventeenth.

5. Whose pioneering skills in management are codified in his "Book of Rules and the Employees' Timetable?"
(a) David McClure's.
(b) Daniel McCallum's.
(c) Darrel McAllister's.
(d) Duane McMahon's.

Short Answer Questions

1. Who was the founder of Intel and Liz Claibourne?

2. What demand adequate cash flow and net income for operating expenses and a dividend sufficient to maintain and attract capital to grow?

3. By the age of __________ Carnegie manages a complex, multi-unit industrial enterprise and capitalizes on knowing the value of money based on what it can earn.

4. Carnegie's first installment on his one-eighth interest in Woodruff is $217.50 borrowed from the bank. The balance is paid by dividends in the venture's ________ year.

5. What is the town's industry in 1835?

(see the answer key)

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