________ refers to a diversification strategy that involves taking a step forward (down) on the value-added chain toward the customers.
A. Conglomerate integration
B. Forward integration
C. Horizontal integration
D. Backward integration
Answer: B
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The categories of routine replies and positive messages include all of the following except
A) answering requests for information and action. B) granting claims and adjustments. C) refusing applicants' résumés. D) sending goodwill messages. E) providing recommendations.
The textbook described an innovation, Pouncer, which is an edible drone designed by Windhorse Aerospace to deliver humanitarian aid to remote places. Apply the three steps of the innovation process to Pouncer.
What will be an ideal response?
If the standard to produce a given amount of product is 1,000 units of direct materials at $11 and the actual was 800 units at $12, the direct materials price variance was $800 unfavorable
Indicate whether the statement is true or false
A ________ is an arrangement whereby the manufacturer or sole distributor of a trademarked product or service gives exclusive rights of local distribution to independent retailers in return for their payment of royalties and conformance to standardized operating procedures.
A. merger B. joint venture C. leveraged buyout D. franchise