The strategy of ___________ involves choosing the value-added stages of the raw-material-to-consumer chain in which to compete.

Question

Quizplus · Accepted Answer

The given strategy of choosing the value-added stages of the raw-material-to-consumer chain in which to compete is known as vertical integration. Thus, option E is the correct choice. The other options are incorrect because they refer to different business strategies such as diversification based on economies of scope, diversification based on acquisition and restructuring, cost leadership, and differentiation.

The Strategy of ___________ Involves Choosing the Value-Added Stages of the Raw-Material-To-Consumer