Expanding along the value chain into products and services that are closer to the end user is calledMultiple choice question.leapfrogging.forward vertical integration.backward vertical integration.a blue-ocean strategy.

A firm with a vertical integration strategy that seeks full integrationMultiple choice question.adopts a vertical integration strategy that begins aggressively but slows down over time.starts up operations in discrete stages of the value-chain system.participates in all stages of the industry value-chain system.combines in-house and outsourced activity in any given stage of the value chain system.

Select all that applySome companies have adopted forward vertical integration strategies toMultiple select question.facilitate the sale of overstocked and slow-moving items.supplement to their core product line with iconography and memorabilia.avoid costs associated with building relationships with end users.decrease dependence on sales agents, wholesalers, and retailers.

In some cases, backward vertical integration can increase efficiency byMultiple choice question.improving the competitive position of existing suppliers in the value chain.giving a company proprietary knowledge that is expensive to keep from rivals.coordinating production flows and preventing bottlenecks.allowing a company to outsource activities that are too costly to perform in-house.

The two alternatives to vertical integration are which of the following?Multiple select question.strategic outsourcinghorizontal integrationtaper integrationspecialized disintegrationnominal innovation

___ is a corporate-level strategy in which a company expands its business operations and enters a new industry that uses, distributes, or sells the company's products.Multiple ChoiceBackward lateral integrationBackward vertical integrationFocused-differentiation integrationForward vertical integrationForward lateral integration