Exam 8: Corporate Strategy: Vertical Integration and Diversification

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Virtue Products Inc., a large conglomerate, procures a few component parts from external suppliers and also manufactures some of the key raw materials in its own subsidiaries.This apart, the company does not solely depend on outside distributors to reach its customers.In fact, it has its own retail stores to distribute its products.In this scenario, which of the following alternatives to vertical integration is Virtue Products applying?

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Which of the following statements is true of taper integration?

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_____ is best described as moving one or more internal value chain activities outside the firm's boundaries to other firms in the industry value chain.

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List the drawbacks of vertical integration.

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Discuss the benefits and drawbacks of short-term contracting as an alternative to buying in markets.

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Today, many companies use PeopleSoft and EDS to avoid maintaining a human resource management system.By doing this, these firms are:

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