Vertical Integration Strategies

question 93

Multiple Choice

Vertical integration strategies:

• A) extend a company's competitive scope within the same industry by expanding its operations across multiple segments or stages of the industry value chain.
• B) are one of the best strategic options for helping companies win the race for global market leadership.
• C) offer good potential to expand a company's lineup of products and services.
• D) are particularly effective in boosting a company's ability to expand into additional geographic markets,particularly the markets of foreign countries.
• E) is a good strategy option for helping a company revamp its value chain and bypass low value-added activities.

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Definitions:

Customer Base

The group of customers who repeatedly purchase the goods or services of a business, representing the business's main source of revenue.

Crowdfunding

Securing capital for a project or business by requesting small financial contributions from a large group of individuals, mainly via online channels.

Product Pitch

A presentation or argument made to potential customers or investors, highlighting the benefits and value of a product.

Crowdfunding

A strategy for acquiring funds by leveraging the combined contributions of relatives, friends, clients, and independent investors.