Andrew Carnegie & Lee Iacocca

4 April 2015
Compares entrepreneurs’ industrial innovations & labor policies.

This research paper discusses the business accomplishments and labor relations of Andrew Carnegie and compares them with a later day industrialist Lee Iacocca (1924- ).

Andrew Carnegie & Lee Iacocca Essay Example

The Industrial Innovations of Carnegie and Iacocca
Carnegie’s business career was characterized by his uncanny ability to absorb from others concepts of modern management and apply them to every industry in which he was involved. In the process, he built not only an immense personal fortune but created highly efficient enterprises, including the world’s largest and most competitive steel company, the Carnegie Steel Works, which he sold to the combine which organized U.S. Steel for a princely sum. Carnegie arrived in America in 1848, the eldest son of penniless Scottish immigrants. Starting from the…

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