Andrew Carnegie controlled the steel industry during the Industrial Revolution.
Carnegie
Andrew carnegie
Henry Bessemer - Bessemer process
Management thinking says that strategic decision is important to chart out the path of companies in the long term. The "long term" depends from industry to industry. While long term for Intel may be 5 yerars but long term for a steel industry may be 20 years. On the contary black swan theory says that the external environment is changing so fast and unknown event change the course of industry/country etc that strategic decision and of no use.
secondary
The automobile industry is not necessarily an attractive industry. In the United States, executive positions in the auto industry are waning, and production positions were never held as attractive to begin with.
Computer controlled operations within the steel processing industry have improved thickness tolerances, resulting in stronger, yet thinner steel.
the steel industry --Bear
steel
Andrew Carnegie, a prominent industrialist in the late 19th century, controlled and developed all aspects of the steel business through his company, Carnegie Steel Company. Carnegie revolutionized the steel industry through vertical integration, owning and controlling the entire production process from raw materials to distribution. This consolidation of resources allowed him to dominate the industry and amass a significant fortune.
steel industry first emerged
Most steel wire industry workers are in the United Steel Workers of America
The steel industry was created to produce steel to supply the demand from manufacturers, civil engineers and builders.
Most steel wire industry workers are in the United Steel Workers of America
There are a number of things that made the steel an important industry. This was mainly due to the various uses of steel and the industry boosted most economies.
steel and iron industry
Steel industry
The steel Industry