Why did the initial companies in 1800s fail from following the design of the railroad system?
A) global competition in terms of cheaper labor abroad.
B) monitoring costs increased rapidly.
C) managers became greedy and workers began to shirk.
D) managers could not handle the complexities.

Question

Quizplus · Accepted Answer

The railroad system in the 1800s was a complex design that was difficult to manage, and many initial companies were unable to handle the complexity, causing them to fail. Factors such as global competition and monitoring costs may have also contributed, but the primary reason for failure was the inability to manage the complexities of the system. Greedy managers and workers shirking may have been issues in some companies, but they were not the primary cause of failure.

Why Did the Initial Companies in 1800s Fail from Following