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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. Andrew needs a strong leader to manage growth after what happens to his brother Tom?
(a) He moves.
(b) He retires.
(c) He becomes ill.
(d) He dies.

2. The mill site is strategically situated _______________ where the Pennsylvania, Baltimore and Ohio railroad and river transportation system is readily available, nearby the coal fields.
(a) At the Ohio River.
(b) At the Potomac.
(c) At the Monongahela.
(d) At the Allegheny.

3. Cost information enables cost-cutting per unit by __________________________ at the same output level.
(a) Increasing the speed of materials flow and increasing labor cost.
(b) Increasing the speed of materials flow and decreasing labor cost.
(c) Decreasing the speed of materials flow and decreasing labor cost.
(d) Decreasing the speed of materials flow and increasing labor cost.

4. Captain Bill Jones claims success in managing labor by doing what?
(a) Raising the crews' salaries.
(b) Firing the instigators in the crew.
(c) Keeping crews "judiciously separated."
(d) Keeping crews "judiciously mixed."

5. Carnegie eliminates the costly fire insurance on his wooden buildings by replacing them with what?
(a) Steel structures.
(b) Iron structures.
(c) Copper structures.
(d) Bronze structurse.

6. Carnegie corrects this deficiency by integrating _______________________.
(a) Pullman and Woodruff.
(b) Sun Oil and US Oil.
(c) Pennsylvania Railroad with Pacific Union.
(d) Keystone Bridge and Union Iron.

7. The industrial economy is crippled with some __________________ firms failing over six years.
(a) 1,200.
(b) 12,000.
(c) 5,000.
(d) 120.

8. Carnegie feels confident enough in 1870 to do what?
(a) Make large changes in the business.
(b) Sell the business.
(c) Expand the business.
(d) Buy new businesses.

9. Carnegie's labor guidelines and Captain Bill's implementation works well until 1889 when what happens to Bill?
(a) He causes a blast furnace explosion.
(b) He is accused of causing a blast furnace explosion.
(c) He is killed in a blast furnace explosion.
(d) He is injured in a blast furnace explosion.

10. Their deal demonstrates the power of what?
(a) Ingenuity.
(b) Size.
(c) Intelligence.
(d) Strength.

11. Carnegie is praised by labor leaders and Frick is considered _____________.
(a) "Carnegie's assistant."
(b) "A hero."
(c) "Strange and righteous."
(d) "Haughty and disdainful."

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

13. Carnegie leases the iron ore properties from this man. Why?
(a) To keep him out of the steel business.
(b) To make him a partner.
(c) To retire slowly from the industry.
(d) To keep him happy.

14. Schwab cuts $500,000 in costs at Homestead by __________________ and replacing skilled labor with machines and unskilled workers.
(a) Adding 15 percent to wages.
(b) Cutting 15 percent from wages.
(c) Adding 25 percent to wages.
(d) Cutting 25 percent from wages.

15. At thirty, Frick is a millionaire with _______ thousand coke ovens and three thousand acres of land.
(a) One.
(b) Four.
(c) Two.
(d) Three.

Short Answer Questions

1. He installs a blast furnace called________ in 1872 to produce 13.361 tons initially and eventually over 100,000 tons annually by maximizing output.

2. Phipps sees possible gains in other operations and encourages Carnegie to hire who?

3. William Coleman also shares Carnegie's interest and enthusiasm in what?

4. The process takes longer than expected, but by 1868 production begins, and expansion is planned in what year?

5. Frick's chairmanship of the Carnegie Company marks a difficult period in its history starting with what strike in 1892 and a four year depression from 1893.

(see the answer keys)

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