One of the Earliest,largest,and Most Famous Examples of Vertical Integration

question 28

Multiple Choice

One of the earliest,largest,and most famous examples of vertical integration was the Carnegie Steel Company.The company controlled not only the mills where the steel was manufactured but also the mines where the iron ore was extracted,the coal mines that supplied the coal,the ships that transported the iron ore,and the railroads that transported the coal to the factory.Carnegie Steel had a(n) _____ channel relationship.

• A) Arm's-length
• B) functional
• C) cooperative
• D) hierarchical
• E) integrated

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Definitions:

Field Wiring

The physical cabling and connections used to interconnect devices and components in an industrial or field environment, often including sensors, actuators, and control systems.

Suppression Circuit

A circuit designed to inhibit or reduce unwanted signals or noise in an electrical system.

AC Loads

Electrical loads that operate with alternating current, commonly found in household and industrial applications.