The Control of Wal-Mart's Value Chain Is ______, While the Control

question 12

Multiple Choice

The control of Wal-Mart's value chain is ______, while the control of General Electric's is ________.

• A)post-production focused, preproduction focused
• B)horizontal, vertical
• C)centralized, decentralized
• D)backward integrated, forward integrated

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Definitions:

Stratification

The arrangement or classification of something into different groups, levels, or ranks, often used to describe social hierarchies.

Class Analysis

The examination of societal strata and its implications on individuals' lifestyles, opportunities, and social relationships, often focusing on inequalities.

Functionalist Analysis

Functionalist analysis is a sociological approach that interprets each part of society in terms of how it contributes to the stability and functioning of the whole.

Stratification

The hierarchical arrangement or classification of society into various layers based on factors such as socio-economic status, race, education, or power.