1. 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
2. The vision and mission statements of a company set the overall direction of the organization. Strategic objectives serve what role?
a. operationalize the mission statement
b. modify the mission statement
c. are a shorter version of the mission statement
d. are only clarified by the board of directors