Vertically Integrating into an Exchange Is Generally ________ Than Using

question 45

Multiple Choice

Vertically integrating into an exchange is generally ________ than using market contracts or strategic alliances to manage an exchange.

• A)more flexible
• B)less strategic
• C)more strategic
• D)less flexible

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Definitions:

Industry 2.0

Refers to the second industrial revolution, marked by the growth of mechanized production and the expansion of railroads and telecommunications.

Combined Technology

The integration and utilization of multiple technological systems or devices to enhance efficiency or achieve new capabilities.

Intersectionality

A framework for understanding how various aspects of a person's social and political identities combine to create different modes of discrimination and privilege.

Systemic Inequalities

Deep-rooted disparities embedded within the social, economic, and political frameworks of society, affecting access to resources and opportunities based on race, gender, class, and other factors.