The tendency of the organization to begin servicing or producing what upstream or downstream suppliers had in the past because of efficiencies or competitive advantage is also known as…..Select one:a.Vertical integration strategyb.Horizontal integration strategyc.Matrix integration strategyd.None of these

In some cases, backward vertical integration can increase efficiency byMultiple choice question.improving the competitive position of existing suppliers in the value chain.giving a company proprietary knowledge that is expensive to keep from rivals.coordinating production flows and preventing bottlenecks.allowing a company to outsource activities that are too costly to perform in-house.

A firm with a vertical integration strategy that seeks full integrationMultiple choice question.adopts a vertical integration strategy that begins aggressively but slows down over time.starts up operations in discrete stages of the value-chain system.participates in all stages of the industry value-chain system.combines in-house and outsourced activity in any given stage of the value chain system.

___ is a corporate-level strategy in which a company expands its business operations and enters a new industry that uses, distributes, or sells the company's products.Multiple ChoiceBackward lateral integrationBackward vertical integrationFocused-differentiation integrationForward vertical integrationForward lateral integration

The two alternatives to vertical integration are which of the following?Multiple select question.strategic outsourcinghorizontal integrationtaper integrationspecialized disintegrationnominal innovation

Which of the following is NOT an advantage for a firm of vertical integration? Reduced uncertainty The ability to erect entry barriers Economies of scale A greater range of products