What Differentiated Rockefeller,Duke,and Carnegie from Their "Laissez-Faire" Predecessors

question 23

Multiple Choice

What differentiated Rockefeller,Duke,and Carnegie from their "laissez-faire" predecessors?

• A) They developed extensive programs to train workers.
• B) They utilized sophisticated methods of production.
• C) They offered better compensation to their workers.
• D) They involved workers in management decision making.
• E) They pursued profits and self-interest above all else.

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Definitions:

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The total value of a company’s shares that have been sold to shareholders and are currently outstanding.

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Translation gain arises when the exchange rate changes favorably while converting foreign currency transactions or financial statements into the reporting currency.

Exchange Rate

The price of one country's currency in terms of another currency, affecting international trade and finance transactions.