View a FREE sample

This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. Who is the cornerstone of Carnegie's fortune, followed in 1861 by Columbia Oil?
(a) Woodruff.
(b) Coleman.
(c) Pennsylvania Railroad.
(d) Pullman.

2. What demand adequate cash flow and net income for operating expenses and a dividend sufficient to maintain and attract capital to grow?
(a) Railroad technology skills.
(b) Sales skills.
(c) Organizational skills.
(d) Railroad management skills.

3. Who is Cuban Roberto Goizuetta?
(a) The deceased CEO of Intel.
(b) The deceased chairman of Applebee's.
(c) The deceased president of Liz Claiborne.
(d) The deceased chairman of Coca-Cola.

4. Andrew Carnegie becomes known as the city's best _____________.
(a) Student.
(b) Operator.
(c) Leader.
(d) Politician.

5. Will is unable to catch on to new opportunities and reverts back to weaving and selling his wares on the street, which does what?
(a) Destroys his self-confidence and shames his family.
(b) Builds his self-confidence and brings pride to his family.
(c) Brings him more work than when he had his factory job.
(d) Provides a significant income for his family.

Short Answer Questions

1. When his father dies in 1855, Andrew calls him what?

2. The Carnegies stay in their homeland as long as they can until conditions become intolerable in what town?

3. Railroads need huge amounts of what to construct track and more as they expand?

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.

5. Carnegie and his triumvirate get a franchise from Pennsylvania Railroad with the benefits of existing poles and franchising from Trenton through to what?

Short Essay Questions

1. How does Andrew escape the textile mills?

2. How does industry benefit from Carnegie?

3. What are the jobs of the railroad managers?

4. What does Carnegie do when Pacific dividend payments stop?

5. The partners pledge an investment to be made in installments paid when due or by the company as credit for dividends payable on the whole investment. Give an example of this pledge in action.

6. Who is George M. Pullman? How do he and Carnegie become involved in business together?

7. What does Carnegie learn at the Pennsylvania Railroad?

8. What does Andrew do from 1867 through 1872?

9. Why do the Carnegies leave Scotland?

10. By what is this dream not diminished?

(see the answer keys)

This section contains 894 words (approx. 3 pages at 300 words per page) View a FREE sample