Which of the Following Is the Best Definition of Vertical

question 33

Multiple Choice

Which of the following is the best definition of vertical merger?

• A) A strategy in which one of the companies in the merger is a supplier or customer of the other
• B) An approach by which firms move away from department-oriented organization and toward process-oriented team structures that cut across old departmental boundaries
• C) The strategy of using the internet and word-of-mouth marketing to spread product information
• D) Any activity that adds value to some input by transforming it into an output for an internal or external customer
• E) The strategy of paying suppliers and distributors to perform certain business processes or to provide needed materials and resources

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Definitions:

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms, policies, or social pressures.

Obedience

The act of following orders or complying with authority, often studied in the context of how people respond to commands from those in power.

Matching Hypothesis

The theory that individuals are more likely to form and succeed in relationships with others who are similarly attractive.

Altruism

The selfless concern for the well-being of others without the expectation of reward.