Exam 9: Corporate-Level Strategy: Horizontal Integration, Vertical Integration, and Strategic Outsourcing

For a company concentrating on final assembly, adding retail and distribution into it's value chain will require:

What is the relationship between a company's corporate-level strategy and its business model?

Outsourcing occurs when a firm:

Strategic outsourcing is the decision to allow one or more of a company's value chain activities or functions to be performed by independent companies.

Under a competitive bidding strategy, independent component suppliers compete with each other to be the company that will be chosen to supply:

In 1999, two pharmaceutical companies that held an equal market share decided to pool their operations to create a new firm that was known by a different name. This is an example of a(n):

Horizontal integration may be thought of as:

Antitrust authorities:

Ownership of retail outlets may be important for a manufacturer if:

How can strategic outsourcing strengthen a company's business model and increase its profitability?

Product bundling occurs when a firm offers a range of products that are sold together at a single price.