Question
Need help with Multiple choice questions and t/f 1: Frederick W. Taylor argued that worker efficiency could be improved by A) offering employees quarterly stock
Need help with Multiple choice questions and t/f
1: Frederick W. Taylor argued that worker efficiency could be improved by
A) offering employees quarterly stock options.
B analyzing in detail the movements required to perform a job.
C introducing to a 5-hour/day, 7-day/week schedule.
D encouraging employees to form company unions.
2: The considerable rise of manufacturing in the last half of the 19th century has become known as
Group of answer choices
the Ascendancy of Manufactures.
the Great Leap Forward.
the Second Industrial Revolution.
3: In 1910, the largest U.S. industry as ranked by value added was
Group of answer choices
machinery.
tobacco manufactures.
cotton goods.
railroad cars.
4: The Supreme Court ruled that
Group of answer choices
mergers that created "corporate monoliths" were a violation of the Sherman Act.
vertical mergers were a violation of the Sherman Act.
collusive agreements (firms behaving badly) among competing firms were a violation of the Sherman Act.
horizontal mergers were a violation of the Sherman Act.
5:In 1901, U.S. Steel was created through the ______________ merger of three steel firms. U.S. Steel combined Carnegie Steel, which had acquired iron ore and coal mines through previous _________ mergers,
Group of answer choices
vertical; vertical
horizontal; vertical;
horizontal; horizontal
vertical; horizontal;
6:Standard Oil Corporation was found guilty of violating the Sherman Act and was ordered to split up because the company
Group of answer choices
did not pay their employees well.
horizontally merged with its competitors.
vertically merged with other companies.
engaged in predatory pricing against their competitors.
7:According to Chandler, one of the reasons why corporations desired to merge and get bigger during the Industrial Revolution was because
Group of answer choices
they needed to gain knowledge from the other firms they merged with.
they needed to increase sales to pay for their very expensive infrastructure costs.
they wanted to fight unionization of their employees.
None of the other answers
they wanted to do business internationally.
8:A _________ is an agreement under which stockholders of several formerly-competing companies turn over their shares to a group that exercises voting control over the companies.
Group of answer choices
trust
pooling arrangement
gentleman's agreement
holding company
9:The leading producer of manufactured goods in 1900 was
Group of answer choices
Germany.
England.
the United States.
10: True or false: The growth in the manufacturing labor force was greater than the increase in industrial output.
11: True or false: Scientific management decentralized the management of workers in a large industry.
12: True or false: What distinguished the second Industrial Revolution from the first Industrial Revolution before the Civil War was continuous flow production.
13: True or false: The order of new energy was steam, water, electricity and then coal.
14: True or false: The order of new energy was steam, water, electricity and then coal.
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