The Biggest Savings to the Company When Following a Strategy

question 63

True/False

The biggest savings to the company when following a strategy of dual extension
is in economies of scale.

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Definitions:

Same Level

Refers to entities, objects, or variables that are at an equal position or rank in a given context or hierarchy.

Supply Chain

The network of all the individuals, organizations, resources, activities, and technology involved in the creation and sale of a product, from the delivery of source materials from the supplier to the manufacturer, and ultimately to the end-user.

Horizontal Collaboration

A strategic partnership between firms at the same level in the supply chain, aimed at improving efficiency or gaining market advantage.

3PLs to 3PLs

The interaction or service exchange between third-party logistics providers, often to leverage each other's resources or networks.