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Which business practice did Rockefeller repeatedly use that helped him succeed in building his oil monopoly?

In all his businesses, Rockefeller made a profit and used it to expand or buy other businesses.
With every business Rockefeller bought, he would learn about it, sell it at a profit, and buy another business.
With every purchase of a refinery, Rockefeller would add new products to his business.
In all his businesses, Rockefeller made sure that he controlled all aspects of production.

User JohnnyFaldo
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2 Answers

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5 votes

Answer:

He bought up oil refineries, cut costs, and reinvested his profits in other refineries.

User Henry Mazza
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7 votes

Answer:

by buying out all the competing oil companies

Step-by-step explanation:

plato gang

User Cory Ginsberg
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