In Order to Reduce Production Costs,Jeffrey's Oil Drilling Decided to Buy

question 34

Multiple Choice

In order to reduce production costs,Jeffrey's Oil Drilling decided to buy out a refinery and several retailers to sell its oil to the end users.This strategy is an example of __________ strategy.

• A)concentration
• B)vertical integration
• C)concentric diversification
• D)conglomerate diversification
• E)differentiation

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Definitions:

Repression

To force painful ideas or impulses into the subconscious.

Intellectualization

To employ reasoning to avoid confrontations or stressful situations.

Physical Boundaries

The demarcation of personal space and physical limits respected between individuals to ensure privacy and comfort.

Emotional Boundaries

Guidelines that individuals set for themselves to limit who can access their emotions and thoughts, and how they can be treated by others.