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Andrew Carnegie and the Rise of Big Business Chapter Summary & Analysis - The Master Builder: A Structure of Steel Summary

Harold C. Livesay
This Study Guide consists of approximately 52 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of Andrew Carnegie and the Rise of Big Business.
This section contains 580 words
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The Master Builder: A Structure of Steel Summary and Analysis

Beginning in 1872, Carnegie focuses on the single project of his steel-rail rolling mill that is completed in 1873. He follows a policy of putting all his eggs in the same basket and watching it. The entrepreneurial Carnegie establishes staffs, organizes, operates and secures orders for the firm he leads into an industrial world with the tool of cost-based management. He organizes a partnership with business associates and colleagues that are confident of his success to raise capital. William Coleman also shares Carnegie's interest and enthusiasm in steel. In addition to his stalwarts, Tom Scott and J. Edgar Thomson, Carnegie's partners include wealthy executives and merchants he shares other ventures with. Carnegie contributes $250,000 of the partnership total $741,000 in original capital to the firm he names "Carnegie, McCandless and Company" and names the mill "Edgar Thomson...

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This section contains 580 words
(approx. 2 pages at 300 words per page)
Purchase our Andrew Carnegie and the Rise of Big Business Study Guide
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Andrew Carnegie and the Rise of Big Business from BookRags and Gale's For Students Series. ©2005-2006 Thomson Gale, a part of the Thomson Corporation. All rights reserved.
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