How Did Morgan Achieve His Stunning Reorganization and Consolidation of Businesses

question 20

Multiple Choice

How did Morgan achieve his stunning reorganization and consolidation of businesses in the late nineteenth century?

• A) He sometimes formed holding companies to run his operations.
• B) He used rebates to put his competition out of business.
• C) He refused to get involved in the steel industry,which he considered too speculative.
• D) He sometimes formed a community of interest comprised of a handful of directors.

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Definitions:

Morphological Traits

Physical characteristics of organisms, such as shape, size, and structure, that can differ significantly within and between species.

Chordates

A large group of animals that includes all vertebrates as well as two groups of invertebrates, characterized by having a notochord at some stage of development.

Common Ancestor

The most recent individual from which all organisms in a group are directly descended.

Monkeys

Primates that are not apes or humans, typically having a tail and being smaller than apes, inhabiting mainly tropical forests.