The invention and proliferation of the electric arc furnace made the production of steel much less expensive. The large amount of fixed cost associated with manufacturing steel were reduced and the incumbent U.S. Steel was slow to react. As a result NUCOR was able to gain a lot of market share by price competition and expanded across the country.
I responded that classes which require more practice than theoretical discussion casued me the most problems. I gave the example of management and discussed how it is more affective to interact with people and improve your methods of communication that way instead of reading different theories discussing peoples behavior.