When There Is a Minimal Need for Close Long-Term Cooperation

question 7

Multiple Choice

When there is a minimal need for close long-term cooperation between a company and its suppliers, which of the following strategies is the most appropriate?

• A)Full integration
• B)Taper integration
• C)Competitive bidding
• D)Long-term contracting
• E)Diversification based on economies of scope

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Definitions:

Slaves

Individuals forced into servitude without personal freedoms or rights.

Slave Owners

Individuals or entities that owned, bought, and sold enslaved people as property, primarily in historical contexts such as pre-Civil War America.

Dorothea Dix

A pioneering American activist who significantly improved the treatment and conditions of the mentally ill through her tireless efforts in the 19th century.

Mental Hospitals

Facilities specialized in the treatment and care of individuals with mental health disorders.