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In 1901, U

question 14

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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, with National Steel and Federal Steel, both of which had strong __________ alliances.


Definitions:

Changing Environment

A changing environment refers to the dynamic and evolving nature of surroundings or conditions, especially those affecting organizations and necessitating adaptability and flexibility.

Limited Resources

The finite nature of resources available for tasks or operations, often leading to prioritization and strategic planning.

Mapping-Software

A type of software used to create digital maps, enabling the visualization of spatial information for analysis and planning.

Ratio of Benefits

A comparison that measures the relationship between the benefits achieved from an investment or action and the costs incurred.

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