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Vertical integration is going backward on an industry's value chain.

A) True
B) False

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Which strategy involves giving up management of the firm to the courts in return for some settlement of the corporation's obligations?


A) liquidation
B) bankruptcy
C) diversification
D) divestment
E) consolidation

F) B) and D)
G) A) and C)

Correct Answer

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The two basic growth strategies are concentration and strategic alliances.

A) True
B) False

Correct Answer

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