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a) Loosely held supplier networks
b) Vertical integration
d) Increased product variety
e) Individual customization
Answer option ________________b
answer B _____________________ vert integr
^^^^^^^^^^^^^^^^^^^ b) Vertical integration
b) Vertical integration . . . . .. . . . .. . . . . .. . .
b..........................................................................
b) Vertical integration
Vertical integration
When a company expands its business into areas that are at different points on the same production path, such as when a manufacturer owns its supplier and/or distributor. Vertical integration can help companies reduce costs and improve efficiency by decreasing transportation expenses and reducing turnaround time, among other advantages. However, sometimes it is more effective for a company to rely on the expertise and economies of scale of other vendors rather than be vertically integrated.
>>>>>>>>>>>>> b) Vertical integration >>>>>>>>>>>>>>>>>>>>>>>.
