Andrew Carnegie and the Rise of Big Business Quiz | Eight Week Quiz E

Harold C. Livesay
This set of Lesson Plans consists of approximately 144 pages of tests, essay questions, lessons, and other teaching materials.

Andrew Carnegie and the Rise of Big Business Quiz | Eight Week Quiz E

Harold C. Livesay
This set of Lesson Plans consists of approximately 144 pages of tests, essay questions, lessons, and other teaching materials.
Buy the Andrew Carnegie and the Rise of Big Business Lesson Plans
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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. What firms are formed and the Gilded Age develops in New York?
(a) Technology and communication.
(b) Bank and credit unions.
(c) Retail and mercantile.
(d) Restaurants and fast food chains.

2. In 1856, Scott advises him to buy what company as his first stock investment?
(a) Aaron Express Company.
(b) Adams Express Company.
(c) Anthony Express Company.
(d) Amos Express Company.

3. Henry Phipps reviews blast furnace operations where flue-cinders are thrown away. What happens to puddling furnace cinders?
(a) They cause pollution.
(b) They are destroyed.
(c) They are thrown away.
(d) They are used in the blast furnace.

4. 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) Many irate individuals.
(d) People of varying races.

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

Short Answer Questions

1. Scott and Thomson hold stock in Carnegie's name for what reason?

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

3. Bank failures destroy personal savings, social safety nets are nonexistent and workers retreat to the family farm or where?

4. 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.

5. Railroad ______________ run the trains, maintain rolling stock and track, price and collect charges for service on passenger and freight trains running in both directions to meet demand.

(see the answer key)

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