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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. Carnegie contributes __________ of the partnership total $741,000 in original capital to the firm he names "Carnegie, McCandless and Company" and names the mill "Edgar Thomson Works" (ET) for the first president of Pennsylvania Railroad.
(a) $2,500.
(b) $250,000.
(c) $2.5 million.
(d) $25,000.
2. Railroad receipts increase from $40 million in 1851 to _____________ fifteen years later in 1867.
(a) $34,000.
(b) $334 million.
(c) $3.4 milion.
(d) $3 billion.
3. Frick shares Carnegie's vision and drive but is self-righteous and lacks what?
(a) Education.
(b) A sense of humor.
(c) Intelligence.
(d) Confidence.
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.
(a) Fourth.
(b) First.
(c) Second.
(d) Third.
5. Corruption in construction of the Union Pacific Railroad is exposed with what scandal where congressmen get railroad stock to misuse public funds?
(a) The Credit Mobilier.
(b) Lawyergate.
(c) Newport Scandal.
(d) The Hatch Act.
Short Answer Questions
1. From 1867 through 1872, Andrew Carnegie joins the expansion trend by manipulating what stock to promote $30 million in stocks and bonds in Europe?
2. He leaves his Pittsburgh home and iron business to live in what city?
3. From 1872 through ________, Carnegie builds an integrated industrial business to become the best-known manufacturer in the world, publishes three books, travels around the world, and becomes a philanthropist with the express intent to give away his fortune.
4. Railroads need huge amounts of what to construct track and more as they expand?
5. What does Andrew dislike about the oil business that seems beyond control of management until the 1880s and Rockefeller?
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This section contains 279 words (approx. 1 page at 300 words per page) |
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