Which of the Following Is an Example of Vertical Integration

question 159

Multiple Choice

Which of the following is an example of vertical integration?

• A)A diamond mine starts to market diamond rings.
• B)A hotel chain buys a diamond mine.
• C)A hotel chain adds a level to its organizational structure.
• D)A diamond mine improves its labour/management relations.
• E)A hotel chain restructures so that its regional managers now report to the director of operations.

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Definitions:

Team Development

The process of improving the effectiveness and cohesiveness of a team through various stages of growth, communication, and conflict resolution.

Norming Stage

A phase in team development marked by the establishment of order and cohesion among team members as they work towards common goals.

Future Viability

The potential for continued existence, success, or growth in the future, often assessed in terms of economic, environmental, and social sustainability.

Task Performance

The efficiency and effectiveness with which an individual or group executes assigned tasks, often measured against pre-established standards.