The top management of the company contends that Hafstrom would benefit most from manufacturing its own parts, rather than sourcing it from elsewhere, even if they are made at another location overseas

Which of the following is being recommended in this approach?
A) just-in-time manufacturing
B) location economies
C) vertical integration
D) outsourcing

C

Business

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Entrepreneurial businesses that grow by expanding from their original location to additional geographic sites are pursuing a ________ strategy

A) common expansion B) market penetration C) universal networking D) geographic expansion E) product line extension

Business

What are the skills and abilities used to provide the products that generate value called?

a. resources b. capabilities c. sustainable competitive advantage d. strategic competency

Business