Under Which of the Following Circumstances Is Vertical Integration Hazardous

Multiple Choice

Under which of the following circumstances is vertical integration hazardous?

A) When the technology involved in different stages of production is changing rapidly
B) When vertical integration involves moving downstream into retailing
C) When the value added by successive stages of production is declining
D) When the industries involved are undergoing rapid expansion
E) When the company's competitors are also following a strategy of vertical integration