Multiple Choice
During the 1980s, American oil companies acquired nonenergy companies (e.g., copper, auto components) in response to anticipated decreases in investment opportunities in oil.This type of diversification is referred to as
A) horizontal integration.
B) conglomerate integration.
C) forward vertical integration.
D) backward vertical integration.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: In the short run, the home country
Q3: Vertical integration occurs if a parent multinational
Q4: Figure 9.2 represents the U.S. labor market.
Q5: The decision to establish foreign manufacturing operations
Q6: Imagine that in 2017, the Ford Motor
Q7: During the 1980s and 1990s, Japanese auto
Q8: All of the following are potential advantages
Q9: Figure 9.1 illustrates the market conditions facing
Q10: Most of Toyota's auto plants in the
Q11: Most vertical foreign investment, as implemented by