The corporate strategy of ________ involves expanding the domain of an organization into supply channels and to distributors.
A) concentration
B) horizontal integration
C) vertical integration
D) benchmarking
E) satisficing

Question

Quizplus · Accepted Answer

Vertical integration involves a company expanding its domain into supply chains and distributors, allowing for greater control and coordination of business activities. Concentration focuses on a single product or market, horizontal integration involves merging with or acquiring competitors, benchmarking involves comparing performance to industry leaders, and satisficing refers to accepting a satisfactory solution rather than the optimal one.

The Corporate Strategy of ________ Involves Expanding the Domain of an Organization