Chapter 16

Quiz for Chapter Sixteen Interpretations: How Modern Were Late-Nineteenth-Century Corporations?

Feature Quiz

Chapter 16c

true

Select the best answer for each question. Click the “submit” button for each question to turn in your work. Click the "Previous" button to navigate back if you need to view the textbook.

Question 1

What, according to historian Alfred D. Chandler, contributed to the professionalization of the managerial class in late-nineteenth-century railroads?A. Labor union regulations
B. Oversight by the corporate owners
C. Requirement of higher education
D. Specialized nature of skills and tasks

Question 2

Richard White asserts that not only did railroad managers fail to achieve the rational organization they claimed to achieve, but also that the railroads themselves often requiredA. financial bailouts from the banks.
B. renegotiated labor contracts with unions.
C. rescuing by public institutions.
D. strong direction from the owners.

Question 3

Both Alfred Chandler and Richard White attribute to the managerial class of corporate railroads aA. highly specialized set of skills.
B. managerial function limited by government regulations.
C. managerial role limited by owner involvement.
D. responsibility for day-to-day activities separate from the responsibility of the owner class.