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he was friendly to them
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How did Andrew Carnegie treat his competition?
he was friendly to them
How did Andrew carnegie treated workers?
how did Andrew Carnegie treat workers
How did Andrew Carnegie and his industry treat workers?
this is good
Did Andrew Carnegie treat his family good?
yes
How did carnegie's related industries treat workers?
he treated them pretty harsh
How did Andrew Carnegie treat his workers and employees?
By hitting them and telling them that he will kill their family
Which business strategy did carnegie use to eliminate competition?
Andrew Carnegie employed a strategy of vertical integration to eliminate competition in the steel industry. By controlling every aspect of production—from raw materials to transportation and distribution—he reduced costs and increased efficiency. Additionally, Carnegie utilized aggressive pricing tactics and strategic partnerships to undercut competitors, ultimately consolidating his dominance in the market. This approach not only diminished competition but also allowed him to scale operations rapidly.
How did Andrew Carnegie treat his competitors?
Andrew Carnegie had a complex relationship with his competitors; he often employed aggressive tactics to gain market dominance, such as undercutting prices and investing in superior technology. However, he also believed in the principles of fair competition and was known to respect those who were innovative and efficient. Ultimately, Carnegie’s approach was driven by a belief in the “Gospel of Wealth,” where he felt that successful individuals had a responsibility to improve society, which sometimes led him to collaborate with former rivals for philanthropic efforts.
How did andrew carnegie eliminate his competition?
he bought fuel companies, railroads and ships to help his steel company succeed and Carnegie's steel company produced about one quarter of all the steel made in the us
What methods to Andrew Carnegie use to build his industry?
Andrew Carnegie used horizontal integration. He bought out his competition through this technique making his business more profitable.
How were Rockefeller's methods for building standard oil different from Carnegie's in building his steel company?
because Carnegie, unlike Rockefeller tried to beat his competition in the steel industry by making the best and cheapest product
What dies Andrew Carnegie say about human competition and the accumulation of wealth?
Andrew Carnegie, in his essay "The Gospel of Wealth," suggests that human competition is a natural and beneficial force that drives progress and innovation. He believes that the accumulation of wealth is a positive outcome of this competition, as it enables individuals to contribute to society through philanthropy. Carnegie argues that the wealthy have a moral obligation to use their fortunes for the greater good, promoting social welfare and improving the lives of others. Ultimately, he views wealth as a tool for societal advancement, rather than an end in itself.
