Question

When the United States Steel Corporation was created in 1902, it was the largest corporation America...

When the United States Steel Corporation was created in 1902, it was the largest corporation America had known up to that time. It produced twice as much steel as all of its domestic competitors put together. Today, the United States Steel Corporation produces about 20 percent of the steel that is made in this country.

In 1902, the United States Steel Corporation produced not less than 66 percent of the total domestic output of steel.

Conclusion follows
Conclusion does not follow
Social-Sciences   Psychology   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Answer: Conclusion follows. In the statement, it is given that in 1902, the United States Steel Corporation produced twice as much steel as all of its domestic competitors put together . In conclusion it is given that in 1902, the United States Steel Corporation produced not less than 66 percent of the total domestic output of steel. It means, rest of the 34 percent of the total domestic output of steel produced by other domestic competitors put together. Therefore, steel produced by the United States Steel Corporation is almost twice than that of other domestic competitors put together.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Jay Corporation, the largest manufacturer of bicycles in the United States with 40 percent of the...
Jay Corporation, the largest manufacturer of bicycles in the United States with 40 percent of the market, has recently entered into an agreement with Retail Bike, the largest retailer or bicycles in the United States with 37 percent of the market, under which Jay will furnish its bicycles only to Retail, and Retail will sell only Jay's bicycles. The government is now questioning this agreement. Retail Bikes created a new buying option that anyone who buys a bike must also...
subject ; marketing Target Corporation is the second-largest discount store retailer in the United States, behind...
subject ; marketing Target Corporation is the second-largest discount store retailer in the United States, behind Walmart, and a component of the S&P 500 Index. Founded by George Dayton and headquartered in Minneapolis, Minnesota, the company was originally named Good fellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the...
MARKTING CASE STUDY Target Corporation is the second-largest discount store retailer in the United States, behind...
MARKTING CASE STUDY Target Corporation is the second-largest discount store retailer in the United States, behind Walmart, and a component of the S&P 500 Index. Founded by George Dayton and headquartered in Minneapolis, Minnesota, the company was originally named Good fellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the...
Taft Corporation operates primarily in the United States. However, a few years ago, it opened a...
Taft Corporation operates primarily in the United States. However, a few years ago, it opened a plant in Spain to produce merchandise to sell there. This foreign operation has been so successful that during the past 24 months the company started a manufacturing plant in Italy and another in Greece. Financial information for each of these facilities follows: Spain Italy Greece Sales $ 206,000 $ 630,000 $ 480,000 Intersegment transfers 0 100,600 90,000 Operating expenses 202,000 236,000 220,000 Interest expense...
Taft Corporation operates primarily in the United States. However, a few years ago, it opened a...
Taft Corporation operates primarily in the United States. However, a few years ago, it opened a plant in Spain to produce merchandise to sell there. This foreign operation has been so successful that during the past 24 months the company started a manufacturing plant in Italy and another in Greece. Financial information for each of these facilities follows: Spain Italy Greece Sales $ 225,000 $ 650,000 $ 500,000 Intersegment transfers 0 101,700 110,000 Operating expenses 222,000 256,000 240,000 Interest expense...
Problem-Solving Case: Motivating Employees at Nucor Corporation Today Nucor Corporation is the largest producer of steel...
Problem-Solving Case: Motivating Employees at Nucor Corporation Today Nucor Corporation is the largest producer of steel in the United States, so it is hard to believe it was once an underdog in a struggling industry. What has set the company apart is a focus on moti- vating and empowering employees. The employee focus is illustrated by the custom of printing each individual’s name on the cover of Nucor’s annual report. But the concern for employees is much more practical and...
Case 16.1: Will Fiat Be Successful in the United States This Time? The launch of the...
Case 16.1: Will Fiat Be Successful in the United States This Time? The launch of the Fiat 500 has created a great deal of excitement around the Fiat brand in the U.S. automobile market. This new sporty subcompact car is available in several variants including the high performance Abarth and luxury Gucci special edition models. While the recent U.S. launch of this eye-catching car is news, neither the 500 moniker nor the presence of Fiat in the world’s largest automobile...
Utease Corporation has many production plants across the midwestern United States. A newly opened plant, the...
Utease Corporation has many production plants across the midwestern United States. A newly opened plant, the Bellingham plant, produces and sells one product. The plant is treated, for responsibility accounting purposes, as a profit center. The unit standard costs for a production unit, with overhead applied based on direct labor hours, are as follows. Manufacturing costs (per unit based on expected activity of 23,000 units or 57,500 direct labor hours): Direct materials (3.0 pounds at $20) $ 60.00 Direct labor...
Utease Corporation has many production plants across the midwestern United States. A newly opened plant, the...
Utease Corporation has many production plants across the midwestern United States. A newly opened plant, the Bellingham plant, produces and sells one product. The plant is treated, for responsibility accounting purposes, as a profit center. The unit standard costs for a production unit, with overhead applied based on direct labor hours, are as follows: Manufacturing costs (per unit based on expected activity of 27,000 units or 56,700 direct labor hours): Direct materials (3.4 pounds at $20) $ 68 Direct labor...
Ultease Corporation has many production plants across the midwestern United States. A newly opened plant, the...
Ultease Corporation has many production plants across the midwestern United States. A newly opened plant, the Bellingham plant, produces and sells one product. The plant is treated, for responsibility accounting purposes, as a profit center. The unit standard costs for a production unit, with overhead applied based on direct labor hours, are as follows. Manufacturing costs (per unit based on expected activity of 24,000 units or 36,000 direct labor hours): Direct materials (2 pounds at $20) $ 40.00 Direct labor...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT