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A flexibility-based approach to vertical integration suggests that when the decision-making setting regarding a business activity is highly uncertain, firms should form a strategic alliance to enter this activity instead of vertically integrating

Indicate whether the statement is true or false

Which of these falls directly under the responsibility of first-line managers?

A) corporate benchmark setting B) day-to-day operations C) resource allocation for strategic planning D) crisis management planning E) plans with 1-3 year timeline