Consider the Following Statements

question 2

Multiple Choice

Consider the following statements:
I. A vertically integrated company is more dependent on its suppliers than a company that is not vertically integrated.
II. Many companies feel they can control quality better by making their own parts.
III. A vertically integrated company realizes profits from the parts it is "making" instead of "buying" as well as profits from its regular operations.
Which of the above statements represent advantages to a company that is vertically integrated?

• A) Only I
• B) Only III
• C) Only I and II
• D) Only II and III

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Definitions:

Purist Point of View

Represents a perspective that adheres strictly to traditional principles or methods, often resisting change or adaptation.

Ethnographic Study

An ethnographic study is a qualitative research method focusing on the customs, practices, and social behaviors of specific cultures or communities, typically through fieldwork and participant observation.

Organizational Culture

The set of shared values, beliefs, behaviors, and practices that characterizes an organization and influences its members' actions and interactions.

Organizational Stories

Organizational stories are narratives shared within a company or institution that embody its values, culture, and history, often serving to indoctrinate, motivate, or unify employees.