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? A) Horizontal integrationB) Concentric integrationC) Taper integrationD) Conglomerate integration
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Virtue Products Inc., a large conglomerate, procures a few component parts from external suppliers and also manufactures some of the key ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The Work in Process Inventory account of a manufacturing company that uses an overhead rate based on direct labor cost has a $3,200 debit balance after all posting is completed.
Answers (1)
Assume Coronado Industries deposits $98000 with First National Bank in an account earning interest at 8% per annum, compounded semi-annually. How much will Coronado have in the account after 6 years if interest is reinvested?
Answers (1)
The Law of Demand is a rule stating that more will be demanded at lower prices and less at higher prices; inverse relationship between price and quantity demanded. Question 14 options: True False
Answers (2)
The income statement for the Tamarisk, Inc. for the month ended July 31 shows Service Revenue $18,470, Salaries and Wages Expense $9,380, Maintenance and Repairs Expense $4,220, and Income Tax Expense $1,210.
Answers (1)
As Prepaid Rent is used, the asset becomes a/an a. liability. b. expense. c. contra-asset. d. revenue.
Answers (2)
New Questions in Business
The difference between money coming into a country from exports and money leaving a country due to imports, plus money flows from other factors, is known as the: a. balance of trade b. balance of payments c. free trade d. trade deficit
Answers (1)
You own and are the only employee of a company that sells custom embroidered pet sweaters. Last year your total revenue was $120,000. Your costs for equipment, rent, and supplies were $30,000.
Answers (2)
When a country has a comparative advantage in producing a certain good, a. the country should import that good. b. the country should produce just enough of that good for its own consumption.
Answers (1)
When wendy's advertising emphasizes that a combo meal can come with any of a number of sides, not just fries, the company is appealing to american consumers' preference for?
Answers (1)
Critical Chain Project Management (CCPM) attempts to keep the most highly demanded resource busy on critical chain activities, but not overloaded. True/false
Answers (1)