Podcast
Questions and Answers
What is the primary focus of a horizontal integration strategy in business?
What is the primary focus of a horizontal integration strategy in business?
Which strategy in business involves seeking control over the entire supply chain from raw materials to distribution channels?
Which strategy in business involves seeking control over the entire supply chain from raw materials to distribution channels?
In the context of corporate strategy, what does market development primarily involve?
In the context of corporate strategy, what does market development primarily involve?
What distinguishes joint venture from the other corporate strategies mentioned?
What distinguishes joint venture from the other corporate strategies mentioned?
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Why would a company engage in horizontal integration?
Why would a company engage in horizontal integration?
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Study Notes
Corporate Strategy
- Vertical integration involves taking over other businesses that provide raw materials or act as outlets.
- This strategy is distinct from horizontal integration, market development, and joint ventures.
- Vertical integration allows companies to control their supply chain and distribution channels.
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Description
Test your knowledge on corporate strategies by identifying which specific strategy involves taking over other businesses that provide raw materials or act as outlets. Choose the correct option from the given choices.
