Which of the Following Was NOT a Part of Chandler's

question 40

Multiple Choice

Which of the following was NOT a part of Chandler's (1977) description of the rise of big business?in the 19th century?

• A) Vertical integration of firms
• B) The development of mass production
• C) The development of mass distribution
• D) The use of central planning to improve production techniques

---

Definitions:

Common Stock

Represents ownership shares in a corporation, providing voting rights and potential dividends to shareholders.

Paid-In Surplus

Additional capital that is contributed by shareholders above the par value of the shares, also known as additional paid-in capital.

Shareholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing ownership equity.

Net Income

The total earnings of a company after all expenses and taxes have been deducted from total revenue, representing the company's profit.