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How did John D Rockefeller use his money?
He used his money by giving it to Charity's
Can small business compete with large corporation in international market?
A small business can compete with a large corporation in international market due to their ease to make use of the Internet and their flexibility as opposed to the rigid practices of large corporations.
Short-term effects of water use and management practices o the environment?
Short-term effects of water use and management practices in the environment is good for the overall health of the environment. These practices help preserve wildlife and clean water.
Why did some American big businesses threaten the free enterprise?
So that they would not be threatened and make more money themselves Before there were government organizations such as the SEC, (securities and exchange commission ), the Federal Reserve Bank of NY, and anti trust laws regarding various business regulations, some large US Industries came close to monopolizing various areas of the economy. One example of this were the business activities of John D. Rockefeller. Not to single this man out or discredit him in any way, I use him of an example of what I believe the question infers. Here then is an example of how a large company, created within the free enterprise system, came close to help undermine the very system that allowed Rockefeller to prosper which are as follows: A. Rockefeller's main company was the Standard Oil Company; B. Along with partners, Rockefeller, bought more oil refineries and the railroads connecting them together and to marketing regions; C. In 1872, Standard Oil bought 20 other oil related companies; D. Based on his aggressive business tactics, which at the time were legal, Rockefeller created a Standard Oil Trust, which housed the majority of the oil businesses in America; and E. Base on the 1890 Sherman Anti trust Act, a Federal Court ordered that the Rockefeller Trust needed to divest itself of companies that effectively monopolized the oil industry in America.
How would effective use of resources contribute to the profit of a business?
How would effective use of resources contribute to the profit of a business?
What was John D. Rockefeller's business?
Rockefeller was a founder of oil production, use, and sales.
What method did Rockefeller use to build his oil empire?
He bought out the competition , and he lowered his prices to drive competitors out of business .
How does enterprise software enable a business to use industry-proven best practices?
Enterprise software enable a business to use industry-proven best practices when he define clear her mission and good strategy.
When a business owner purchases a license that gives them the right yo use the name and business practices of a company this individual owns a?
Franchise
What are the 3 amazing things that john Rockefeller did?
1. He use his mind, pioneer the oil refining business and excell in it. 2. Perserverance 3. charitable
Did JD Rockefeller like social darwinism?
Yes, John D. Rockefeller was a proponent of Social Darwinism, which emphasized competition and natural selection in business practices. He believed that successful individuals and enterprises were inherently superior and that competition would ultimately benefit society as a whole.
What type of business practices use Myob Software?
Accounting business use MYOB software, as well as all other business who want their accounting done for them. It practices double entry accounting (A system to know exactly where the value of the business in the form of assets, liabilities, equity, revenues and expenses go) and is very useful for handling day to day activities for small businesses.
Why do people choose to use alternative and complementary practices?
To earn extra money and to avoid the risk of loss in the business people choose to use alternative and complementary practices. This also helps them to utilize their spare time properly.
Did John D Rockefeller use spies?
Yes
What business tactic did Rockefeller use to eliminate competition?
He first offered a trust and if they didn't accept the trust, he would run them out of business by putting a store next to the other one and sell his merchandise for 75% less money than the other company.
What big business tactic did Rockefeller use to eliminate competition?
He first offered a trust and if they didn't accept the trust, he would run them out of business by putting a store next to the other one and sell his merchandise for 75% less money than the other company.
how did Roosevelt use the power of the federal to change business practices?
He had the government sue harmful trusts under the Sherman Antitrust Act of 1890.
