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12. to control their markets, business owners bought competing companie…

Question

  1. to control their markets, business owners bought competing companies. this strategy is called _. a horizontal combination c capital growth b vertical combination d shares of stock 13. indoor electric lighting was invented by _. a alexander graham bell c cornelius vanderbilt b elisha otis d thomas edison on a sheet of paper, write the answers to the following questions. use complete sentences. 14. how did andrew carnegie’s steel company become so successful? 15. how did james j. hill bring people to the northwest? 16. how is a corporation organized? 17. what was rockefeller’s contribution to the oil industry? 18. how did edison create so many inventions at his menlo park laboratory? critical thinking on a sheet of paper, write your response to each question. use complete sentences. 19. what are some of the problems with becoming an industrial society? 20. oil is one of the most highly used natural resources today. how do you think the world would be a different place today without oil? when studying for a test, practice writing or saying the material out loud. have a partner listen to check if you are

Explanation:

Brief Explanations
  1. Horizontal combination involves buying competing companies in the same - level of production to control the market.
  2. Thomas Edison invented indoor electric lighting.
  3. Andrew Carnegie's steel company was successful due to vertical integration (controlling all aspects of production from raw materials to distribution), use of new technologies, and efficient management.
  4. James J. Hill brought people to the Northwest by building the Great Northern Railway, which made the area more accessible and promoted economic development, attracting settlers for farming, business, and other opportunities.
  5. A corporation is organized by having a group of shareholders who own the company, a board of directors elected by the shareholders to make major decisions, and a management team hired by the board to run the day - to - day operations.
  6. Rockefeller's contribution to the oil industry included vertical integration of his Standard Oil Company, which controlled all aspects of oil production from refining to marketing, and his use of business strategies like trusts to gain a near - monopoly in the industry.
  7. Edison created many inventions at his Menlo Park laboratory by having a team of skilled[SSE Completed, Client Connection Error][SSE Completed, Client Connection Error][LLM SSE On Failure]

Answer:

  1. Horizontal combination involves buying competing companies in the same - level of production to control the market.
  2. Thomas Edison invented indoor electric lighting.
  3. Andrew Carnegie's steel company was successful due to vertical integration (controlling all aspects of production from raw materials to distribution), use of new technologies, and efficient management.
  4. James J. Hill brought people to the Northwest by building the Great Northern Railway, which made the area more accessible and promoted economic development, attracting settlers for farming, business, and other opportunities.
  5. A corporation is organized by having a group of shareholders who own the company, a board of directors elected by the shareholders to make major decisions, and a management team hired by the board to run the day - to - day operations.
  6. Rockefeller's contribution to the oil industry included vertical integration of his Standard Oil Company, which controlled all aspects of oil production from refining to marketing, and his use of business strategies like trusts to gain a near - monopoly in the industry.
  7. Edison created many inventions at his Menlo Park laboratory by having a team of skilled[SSE Completed, Client Connection Error][SSE Completed, Client Connection Error][LLM SSE On Failure]