Examlex
Think of an invention or new product that has captured media attention. Explain how the three perspectives could guide you in an analysis of that invention.
Forward Integration
A business strategy where a company controls the distribution or the supply chain for its products.
Acquires Distributors
The process by which a company takes ownership of distribution channels or companies to enhance its supply chain effectiveness and market reach.
Stability Strategy
A business approach aimed at maintaining the current status quo in terms of growth rate, revenues, and operational scale, often used in predictable environments.
Maintain Current Operations
The ongoing efforts to keep a business's regular activities running smoothly and efficiently.
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