Rockefeller's Business example essay topic

1,297 words
Many people thought that Rockefeller was a great man. To others, he was not. People thought that he was ruthless and selfish. My point of view of Rockefeller was that he was a ruthless person, because he did a lot of bad things to his competitors.

What he did to them made his business grow. I will use the seven different judgements to defend my decision. Two people were Morehouse and an Independent Contractor who judged him in the 1870's. They didn't like how the prices stayed the same for Rockefeller but went up for them in 1874.

Morehouse tried to buy 5,000 barrels from Rockefeller to store, so it may haven assured him to have a future supply. That offer was refused. Rockefeller. This squeezed Morehouse to early retirement. This was unfair because Rockefeller raised prices on some pretense (lame excuse).

People needed oil and had to pay a lot more in 1874 for smaller shipments to be shipped out. He had spies that located where oil was going to, from different companies. These spies stopped the trains when they reached their destination. Then they took the oil from these trains. When a person refused to buy oil from him, he made their shipments to be raised by 50%, then doubled, then tripled, and so on. When grocery stores refused to buy from Rockefeller, he would build a competing grocery store next to the other.

He would then sell the same items for less. This was so that the other stores would go out of business or allow Standard Oil to have more business selling its product. I think Rockefeller was very smart to do this to the other companies, because it gave him more business, and he overpowered other companies in a crude way. Ida M. Tarbell was a magazine writer who judged Rockefeller in 1904. She belonged to a group call "Muckrakers". Between 1904 and 1910, they exposed much corruption and fraud in many areas of American life.

People even said that Rockefeller employed force and fraud to secure his business ends. He declared that "Its business", which came out to be an excuse for hard dealings, sly tricks, and special privileges. Many men even said that right and wrongs of ordinary laws did not apply in business. When Rockefeller mentioned "Its business", it meant that he cheated the rules of business to make money. If Standard Oil was the only company that used these practices that Rockefeller's business used, his business would have closed long ago. This meant that if his business was the only business cheating, the people would stop buying his products.

Rockefeller acted sincere and acted as if he were saying the truth. He (the cartoonist) judged Rockefeller in 1905. The son's statement said that "The American beauty Rose was Standard Oil, which is splendor, only sacrificed by the early buds that grew around it". The buds are Rockefeller's competitors. In the drawing, it shows Rockefeller as an old man looking at the dead "buds" (business) around his company (Standard Oil). He has a knife in his hand, which he used to chop down the growing buds (which are his competitors).

Now the competitors are used as nutrients for his rose. (Standard Oil is Represented by the big Rose) to grow larger. The Rose also represents Rockefeller's monopoly. The cartoonist looks at Rockefeller as an overpowering manipulative, evil, ruthless, lonely, selfish, sly, careless, and crude man. I judge Rockefeller in this as a crude and selfish man. He employed force and fraud, which was exposed in many areas of American life.

He made many other companies go out of business because of his power. (articles 5 and 6). Rockefeller had judged his business positively in 1909. Rockefeller said that his business had lived because it managed its affairs well and economically and with great vigor. Foreign countries always have to compete with each other. I agree with that, as well as that each company has to pay tariffs in Russia, Europe, and India. Rockefeller wanted people to think that he was patriotic.

If Americans buy American products, it benefits America and its people. I agree with this. I also agree on some things that he said. Vanderbilt was a railroad Owner who was the first person to judge Rockefeller in 1879. Vanderbilt answered to the question, "Why is there only one, large refiner, Standard Oil, instead of 50 or more smaller refiners". By saying that Standard Oil was not only big because of its enterprising, smart and able men in the business to was, "That is the only way you can account for the enormous monopoly (Standard Oil).

The next question he answered, "that has thus grown up". Vanderbilt answered yes and that men who worked for Standard Oil were very shrewd. In the following that was said like when the business (Standard Oil) was not only big from its capital but from it's smart men. I think the smart men were Rockefeller's spies that were the ones who helped him track the trains that shipped out other company's oil.

I also think that they " re the ones that stole the oil from those trains. New York Times judged Rockefeller on May 24, 1937 and said that the devoted himself to give away His ($) fortune. The foundations that he gave away were established to several charitable organizations. They also said that he gave away approximately $550 million dollars during his lifetime. I agree that he did give away that amount of money, but I think he could have given billions of his dollars away.

Rockefeller also kept most of his money for himself. I think this because I think that Rockefeller was selfish and he did have to pay taxes. I think this also because he did make billions of dollars, but it said he gave away approx. $550 million dollars. Allan Nevins judged Rockefeller in 1940. He was a well-known historian.

Rockefeller died in 1937. Allan judged Rockefeller in a positive way. He said that the praise and blame of Rockefeller were unwarranted (unfair). His admirers of philanthropy (gift giving) praised him as the world's greatest benefactors (helpers). Nevins said that he was a bold innovator (inventor in both philanthropy and industry. Nevins said that Rockefeller brought a stronger, most expert, and more lasting type or organization to philanthropy.

This was because of his genius, strength of purpose, his firmness of character and keenness on mind. He comes out to be the most impressive figure of the century and that he made a big impact on the world. I guess that everything in the following was true and it turns out to be Rockefeller was both a good and bad man (Articles 7, 1 and 3). Rockefeller did both positive and negative things during his lifetime and for his business. Just reading about what he said and what other people said about him, I guess I feel in some ways he was a good man. If you know him well enough, you'd know really what kind of person he was; how it was to be a part of Rockefeller?

How was it to be a competitor of Rockefellers? Rockefeller did many good things, but I feel that he basically did everything to benefit himself.