Horizontal integration can Blank______.Multiple choice question.decrease the geographic scope of a firmhelp a firm improve its strategic position in an industrylower the cost of production through decreased economies of scope
Question
Horizontal integration can Blank______.Multiple choice question.decrease the geographic scope of a firmhelp a firm improve its strategic position in an industrylower the cost of production through decreased economies of scope
Solution
The correct answer is "help a firm improve its strategic position in an industry".
Horizontal integration is a strategy where a company acquires, mergers or takes over another company in the same industry value chain. This strategy can help a firm improve its strategic position in an industry by increasing market share, reducing competition, and creating synergies that increase the firm's value.
Similar Questions
Horizontal integration can reduce Blank______.Multiple choice question.the threat of entryindustry consolidationbargaining power with suppliers in favor of the firmnon-price competition
The risks of vertical integration are increased costs, reduced quality, reduced flexibility, and Blank______.Multiple choice question.limited geographical distributionincreased diversificationincreased potential for legal repercussionsnegative corporate strategy
Which of the following is NOT an advantage for a firm of vertical integration? Reduced uncertainty The ability to erect entry barriers Economies of scale A greater range of products
How can horizontal integration increase product differentiation?Multiple choice question.by distributing high profit marginsby filling the empty spaces in a firm's offeringsby producing revenues from outsourcingby using international suppliers and distributors
The two alternatives to vertical integration are which of the following?Multiple select question.strategic outsourcinghorizontal integrationtaper integrationspecialized disintegrationnominal innovation
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.