A Company Pursuing a Strategy of Vertical Integration May Expand

question 47

Multiple Choice

A company pursuing a strategy of vertical integration may expand its operations

• A) backward into an industry that produces inputs for the company's products.
• B) forward into an industry that uses, distributes, or sells the company's products.
• C) laterally into an industry that competes with the company's products.
• D) A and B.
• E) A and C.

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Definitions:

Sedated

Calmed or made less agitated using sedative substances, often medically prescribed.

Productivity

The measure of efficiency of production of goods or services, often quantified as output per unit of input.

Coordinating

The process of organizing activities, tasks, or groups to ensure efficient functioning and achieve specific goals.

Identifying

The process of recognizing or establishing something as being a particular thing.