Vertical Integration May Afford Flexibility in Responding to Uncertain Demand

question 28

Multiple Choice

Vertical integration may afford flexibility in responding to uncertain demand when

• A)the firm has built a capability to respond speedily in a coordinated fashion.
• B)the firm maintains spare capacity, and can bear spare capacity.
• C)the market cannot respond as quickly, or capacity is unavailable.
• D)all of the above.

---

Definitions:

Living Organism

A living organism is an individual entity that exhibits the characteristics of life, such as growth, reproduction, responsiveness to stimuli, and metabolism, encompassing entities from single-celled bacteria to complex multicellular humans.

Reinforcer

In psychology, a stimulus that increases the likelihood of a particular behavior being repeated.

Reinforcer

An element or event that increases the likelihood of a behavior being repeated.

Planned Activity

An organized, intended action or set of actions developed in advance.