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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 works ___________ years at the Pennsylvania Railroad while he develops managerial skill, economic principles and personal relationships to become a successful manager, capitalist and entrepreneur.
(a) Fourteen.
(b) Sixteen.
(c) Twelve.
(d) Eighteen.
2. 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) $250,000.
(b) $2.5 million.
(c) $25,000.
(d) $2,500.
3. Erie and Pennsylvania Railroads each have ________ thousand employees trained into a disciplined workforce.
(a) Thirteen.
(b) Ten.
(c) Eight.
(d) Four.
4. Machines begin taking over production with energy from _____________ independent from windmills and waterwheels.
(a) Wood-burning steam boilers.
(b) Oil-burning steam boilers.
(c) Electric steam boilers.
(d) Coal-fired steam boilers.
5. Carnegie hires Captain Bill Jones to raid whose staff where they worked together before its strike to run ET?
(a) Cambria mill's.
(b) Cambria heights'.
(c) Cambria pines'.
(d) Cambria font's.
Short Answer Questions
1. What demand adequate cash flow and net income for operating expenses and a dividend sufficient to maintain and attract capital to grow?
2. Other operating benefits like reduced inventory and less machine duplication create cost savings to enable __________________at a market-competitive rate.
3. In 1849 when he takes the job, Carnegie is at the beginning of a period when capital, manpower and technology in the United States transitions from __________________.
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. Andrew Carnegie's last bond financing sale comes in July, _______ when he sells $6 million in bonds to Sulzbach Brothers, who buy bonds reluctantly, with Carnegie's encouragement.
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This section contains 317 words (approx. 2 pages at 300 words per page) |
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