Shaw Industries,a Giant Carpet Manufacturer,increases Its Control Over Raw Materials

question 9

Multiple Choice

Shaw Industries,a giant carpet manufacturer,increases its control over raw materials by producing much of its own polypropylene fiber,a key input into its manufacturing process.This is an example of ______________.

• A) leveraging core competencies
• B) sharing activities
• C) pooled negotiating power
• D) vertical integration

Analyze the impact of personal and organizational factors on the success of entrepreneurial ventures.

Understand the characteristics and traits of successful entrepreneurs.

Analyze the challenges and opportunities faced by immigrants starting a business in the United States.

Recognize the importance of willingness to take risks in entrepreneurship.

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Definitions:

Probabilities

The likelihood or chance that a particular event will occur, expressed as a number between 0 and 1.

Sales

The exchange of a commodity for money; the action of selling something.

Archaeological Dig

An excavation site where archaeologists systematically uncover artifacts and remains to study past human activity.

Graduate Students

Individuals who are pursuing advanced degrees beyond the bachelor's level, such as Master's or PhD degrees.