To reduce production costs, Putnam Oil Exploration decided to buy out a refinery and several retailers to sell its oil and gasoline products to end users. This strategy is an example of __________ strategy.
A) concentration
B) vertical integration
C) concentric diversification
D) conglomerate diversification
E) differentiation
Correct Answer:
Verified
Q69: A _ strategy focuses on a single
Q81: SWOT analysis includes
A) Stockholders.
B) Websites.
C) Situations.
D) Time.
E)
Q83: The process of assessing how well one
Q84: A unique skill or knowledge an organization
Q85: Portland's Pizza, a chain of specialty pizzerias,
Q87: Resources can be a source of competitive
Q88: Intangible assets include
A) Real estate.
B) Production facilities.
C)
Q89: Both a concentration strategy and a vertical
Q90: An internal analysis of strengths and weaknesses
Q91: Tangible assets include
A) Company reputation.
B) Goodwill.
C) Technical
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