When Technology in an Industry Is Changing Rapidly,a Company Pursuing

question 11

Multiple Choice

When technology in an industry is changing rapidly,a company pursuing a strategy of vertical integration may find itself

• A) locked into an old, inefficient technology.
• B) able to sell its products at continually lower prices.
• C) increasing returns on its assets.
• D) all of these choices.
• E) none of these choices.