Provide a real-world example of how recent horizontal integration has brought about reduction in competitive intensity.
What will be an ideal response?
Student examples will vary. A sample answer follows.
Recent horizontal integration in the U.S. airline industry provided several benefits to the surviving carriers. By reducing excess capacity, the mergers between Delta and Northwest Airlines, United Airlines and Continental, Southwest and AirTran, and American and U.S. Airways lowered competitive intensity in the industry overall. ,
You might also like to view...
Part of a media planner's job is to gather facts about various media
Indicate whether the statement is true or false
The external environment of an organization determines the organization’s ____.
Fill in the blank(s) with the appropriate word(s)
A preexisting relationship is a required element of a duress claim
Indicate whether the statement is true or false
The philosophy of zero defects is:
A) the result of Deming's research. B) unrealistic. C) prohibitively costly. D) an ultimate goal; in practice, 1 to 2% defects is acceptable. E) consistent with the commitment to continuous improvement.