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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. With whom does Carnegie form Columbia Oil Company?
(a) Willard Coleman.
(b) Wallece Coleman.
(c) Wilson Coleman.
(d) William Coleman.

2. Specialized merchants control flow of product at every step, which _____________________.
(a) Slows costs and increases materials flow.
(b) Increases costs and slows materials flow.
(c) Slows costs and slows materials flow.
(d) Increases costs and increases materials flow.

3. What does Andrew dislike about the oil business that seems beyond control of management until the 1880s and Rockefeller?
(a) The instability of the economy.
(b) The fluctuation of price.
(c) The smell, messiness and waste.
(d) The destructive properties of oil.

4. Margaret Carnegie's sister precedes her move to America and Annie Aitken provides them what?
(a) Rent-free housing.
(b) Employment.
(c) Low-rent housing.
(d) Food.

5. Carnegie uses a similar strategy to exit the Woodruff Company by reorganizing it into ________________ with new stockholders and the triumvirate unstated.
(a) The Atlantic Pacific Company.
(b) The Cross Continental Company.
(c) The Union Transport Company.
(d) The Central Transportation Company.

Short Answer Questions

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

2. He forms an informal investing ____________ with Thomson and Scott.

3. Business transactions at the time take place over what type of communication?

4. In ___________, Andrew is offered a job by Tom Scott, western division superintendent of the Pennsylvania Railroad, to be his secretary and personal telegrapher.

5. He leaves his Pittsburgh home and iron business to live in what city?

(see the answer key)

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