Business leaders in the late nineteenth century utilized vertical integration by maintaining control of production and distribution of their products.
Answer: Option C
<u>Explanation:
</u>
Vertical integration is a competitive strategy that gives the company full control over one or more stages of product production or distribution. Rockefeller tirelessly tried to take full control of business 'oil refinery'. While other business people were flooding the area in search of quick fortune, Rockefeller was thinking of destroying his rivals and creating a real monopoly in the refining industry.
Looking for even more control, Rockefeller saw the benefits of organizing the transportation to his products. Then, he began to develop his business through vertical integration, in which the company analyses all aspects of the product life cycle, from raw material extraction, through the production process, to the final delivery of the product.
Other industrialists quickly followed, including Gustavus Swift, who at the end of the 19th century used vertical integration to dominate the American meat packaging industry.
Answer:
6
Step-by-step explanation:
The median of a list of numbers is the number found in the "middle" of all the numbers. What this means is that it has the same amount of numbers larger and smaller than it in the list. To find the median, we first have to organize the list from least to greatest. Doing this, we get 3, 5, 5, 6, 6, 8, 8.
Now that we have the list, we can find the "middle number" by taking off numbers the highest number then the lowest number. Doing this we get
3, 5, 5, 6, 6, 8, 8
5, 5, 6, 6, 8
5, 6, 6
6
This means our median is 6.
The best answer would be D
Step-by-step explanation:
With each draw, the probability of selecting a green marble is 2/3 and the probability of selecting a yellow marble is 1/3.
To pick two of the the same color, they can either pick green twice or yellow twice.
P = (2/3)(2/3) + (1/3)(1/3)
P = 5/9
To pick two different colors, they can either pick green first then yellow, or yellow first then green.
P = (2/3)(1/3) + (1/3)(2/3)
P = 4/9
Expected value for Derek is:
D = (5/9)(-1) + (4/9)(1)
D = -1/9
The expected value for Mia is:
M = (5/9)(1) + (4/9)(-1)
M = 1/9
a 65%
b 91
c 231
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