Websites Which Sell Products Directly to Consumers Are Examples of Which

question 61

Multiple Choice

Websites which sell products directly to consumers are examples of which type of strategy?

• A)Horizontal integration
• B)Conglomerate diversification
• C)Forward integration
• D)Product development
• E)Backward integration

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Definitions:

Seniority

The concept of preferring individuals for certain privileges, positions, or responsibilities based on their length of service or experience in a particular organization or profession.

Collectivism

A cultural or social perspective that emphasizes the priority of group needs over individual desires.

Individualism

A social theory favoring freedom of action for individuals over collective or state control.

Uncertainty Avoidance

A cultural dimension that describes how comfortable a society is with ambiguity and uncertainty.