Respuesta :
The correct answers are as followed:
A) It practiced ruthless business techniques- Standard Oil, run by John D. Rockefeller, was well known for using strategies in order to buy out or eliminate competitors within the same market.
C) It dominated the oil market- At one point, Standard Oil was responsible for producing almost 90% of the oil used within the United States.
D)It controlled the transportation of oil- John D Rockefeller would buy different railroad companies so that Standard Oil had complete control on how oil would be moved across the United States.
The characteristics for standard oil has been stated by statement A, C, and D.
Standard Oil Cooperation has been the largest oil refinery in the world. It has been established by John D. Rockefeller and Henry Flagler in 1870 in Ohio. The refinery deals with oil production, refining, transporting, and marketing.
- The business strategies practiced by Standard Oil have been able to buy or eliminate the competitors. It has been managing ruthless business techniques. Thus option A is correct,
- The strategies of Standard Oil have been marked with the elimination of the competitors from the market. Thus option B is incorrect.
- Standard Oil has become the leading oil producer in the US and thereby dominated the market. Thus option C is correct.
- The industry expansion leads to the controlled transportation of oil by different railroads bought by John D. It facilitates transportation across the US. Thus option D is correct.
- The journalists have been provoked to write about them as it results in their marketing. Thus option E is incorrect.
For more information about Standard Oil, refer to the link:
https://brainly.com/question/12048399
