Name: _________________________ | Period: ___________________ |
This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.
Multiple Choice Questions
1. Carnegie pressures management and Frick resigns again. Is his resignation accepted?
(a) Only later.
(b) No.
(c) Not at first.
(d) Yes.
2. Holley's pre-production estimates and Shinn's voucher system provides Carnegie's Edgar Thomson Works with accurate profitability in its ________ month of operation.
(a) Third.
(b) First.
(c) Second.
(d) Fourth.
3. Carnegie relies on what system implemented by Thomson and Scott at the railroad to transfer and adapt it to industry?
(a) The McDonald.
(b) The McAllister.
(c) The McCallum.
(d) The McMillan.
4. Carnegie is praised by labor leaders and Frick is considered _____________.
(a) "Strange and righteous."
(b) "A hero."
(c) "Haughty and disdainful."
(d) "Carnegie's assistant."
5. Carnegie's methods in steel concentrate what?
(a) The beginnings of the American steel industry.
(b) The first industry in the world.
(c) The beginnings of pollution problems.
(d) The first American industry.
Short Answer Questions
1. Carnegie organizes a partnership with business associates and colleagues that are confident of his success to do what?
2. Carnegie forces another _____________ partners out until only Schwab survives, while bringing in "young geniuses" who prove their merit on cost sheets.
3. Historically, management of the Carnegie companies resulted in _____ labor difficulties before the Homestead strike.
4. Frick's first acquisition is _____________, which is the most modern steel mill and keeps the Carnegie Company at the forefront.
5. Other operating benefits like reduced inventory and less machine duplication create cost savings to enable __________________at a market-competitive rate.
Short Essay Questions
1. Describe the seven years of peace and prosperity in the North.
2. What does the entrepreneurial Carnegie begin in 1872? Describe his work at this time.
3. Describe American steel companies between 1870 and 1900.
4. How does Carnegie benefit from cutting costs?
5. Who is Homestead? How does Carnegie deal with Homestead?
6. What is a second dimension necessary to effect this integration?
7. Why does Andrew not help Tom Scott? What are the effects of this decision?
8. Describe Captain Bill Jones' management of labor.
9. Describe the deficiency that Carnegie corrected by integrating Keystone Bridge and Union Iron?
10. How is Rockefeller involved in Carnegie's business?
This section contains 1,031 words (approx. 4 pages at 300 words per page) |