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This quiz consists of 5 multiple choice and 5 short answer questions through The Master Manager: Costs, Chemistry, and Coke.

Multiple Choice Questions

1. However, by 1881, a competitor Homestead has the most modern equipment, but is plagued by what problems for two years?
(a) Financial.
(b) Management.
(c) Organizational.
(d) Labor.

2. Andrew's job delivering telegraph messages puts him in touch with whom?
(a) The President of the United States.
(b) Business producers on their way to national prominence.
(c) People of varying races.
(d) Many irate individuals.

3. When dividend payments stop, Carnegie plans a ________ exit to maximize Pacific's price by speculation that lets the triumvirate cash out and leave the remaining Pacific stockholders to drown.
(a) Three-step.
(b) Four-step.
(c) Two-step.
(d) Five-step.

4. Managerial skill level reached over ______________ years exceeds that of the prior five centuries.
(a) Forty.
(b) Thirty-five.
(c) Thirty.
(d) Twenty-five.

5. Beginning in 1872, Carnegie focuses on the single project of his steel-rail rolling mill that is completed in _________.
(a) 1903.
(b) 1883.
(c) 1893.
(d) 1873.

Short Answer Questions

1. Andrew's opportunity to escape the coal and oil of textile mills comes through _________ asking him to become a messenger boy with a telegraph company in Pittsburgh.

2. Carnegie relies on what system implemented by Thomson and Scott at the railroad to transfer and adapt it to industry?

3. 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.

4. Americans in the North have how many years of peace and prosperity as they begin to exploit American markets?

5. What railroad focuses capital investments that either increase revenue or reduce unit cost to justify them?

(see the answer key)

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