The Shipbreakers of Alang Are

question 6

Multiple Choice

The shipbreakers of Alang are

• A) a metaphysical representation of the WTO, deriving from Edgar Rice Burroughs' Princess of Mars.
• B) an early version of the Russian Ice-breaker of the Dnieper-Alang class.
• C) a capital-intensive industry.
• D) competing with pollution-producing industries in countries outside of India.
• E) doing environmentally conscious work.

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Definitions:

Related Diversification

A strategy where a company expands its operations into areas that are similar to its current lines of business to exploit shared operations or knowledge.

Acquiring New Businesses

The process by which a company purchases other companies to expand its operations, increase its market share, or gain access to new markets or products.

Vertical Integration

A strategy where a company expands its business operations into different steps on the same production path, such as when a manufacturer owns its supplier and/or distributor.

Acquiring Suppliers

The process of taking over or purchasing suppliers to control the supply chain, reduce costs, or secure resources.