Making Investments in Distribution in Order to Leapfrog Channels of Distribution

question 63

Multiple Choice

Making investments in distribution in order to leapfrog channels of distribution that are tightly controlled by competitors is an example of ________.

• A) an internalization advantage
• B) an ownership advantage
• C) forward integration
• D) backward integration

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Definitions:

Formal Operational

A stage of cognitive development in which individuals become capable of abstract thinking and logical reasoning.

Concrete Operational

A stage in Piaget's theory of cognitive development where children gain the ability to think logically about concrete events.

Preoperational

A stage in Piaget's theory of cognitive development, occurring from approximately ages 2 to 7, characterized by symbolic thought and egocentrism but a lack of operational logic.

Sensorimotor

Referring to the developmental stage in infants where they explore the world and learn through physical interactions, involving both sensory experiences and motor activities.