An Organization Purchases One of Its Suppliers in Order to Obtain

question 50

Multiple Choice

An organization purchases one of its suppliers in order to obtain access to the raw materials it needs for its production. The organization is using a(n) _______ corporate-level strategy.

• A) international expansion
• B) vertical integration
• C) diversification
• D) market development

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Definitions:

Professional Robber

An individual who engages in theft or robbery as a primary occupation, often demonstrating skill, planning, and organization in executing crimes.

Too Much Risk

A situation where the level of danger or chance of failure is considered excessively high, potentially leading to undesired outcomes.

Shoplifters

Individuals who illegally take goods from a store without paying for them.

Designer Clothes

High-quality, often expensive, clothing made by or bearing the label of a well-known fashion designer.