John D. Rockefeller’s Innovation and its Lasting Impact on the Oil Industry
Words: 667 1447Often hailed as one of the most important individuals in American business history John D. Rockefeller transformed the oil industry by creative commercial tactics rather than creating a new technology or procedure in and of itself. His innovative approach to the oil industry had a significant impact on the economy and society at large laying the foundation for contemporary corporate practices. Rockefeller who was born in 1839 joined the oil business during a very chaotic and dispersed period. There was […]