Typically the strategic impetus for horizontal integration

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Reference no: EM132169668

1. Which of the following is typically the strategic impetus for horizontal integration?

Being able to control the wholesale/retail portion of the industry value chain

Broadening the company's product line or geographical scope

Gaining better access to end users and better market visibility

Broadening the company's market

Allowing the firm access to greater economies of scope

2. Failure rate is the

A. ratio of numer of failures and total unit operating hours

B. ratio of number of failures and the number of units on test

C. probability of failure in a given time

D. none of the above

3. A travel article researcher randomly sampled 250 adult residents of Illinois and asked each resident if he/she planned to vacation outside of Illinois this coming summer. Fifty-six of these adults responded that they plan to vacation outside of Illinois. What is the 95% confidence interval for the population proportion of adult residents of Illinois who plan to vacation outside of Ilinois this coming summer?

A. (0.178, 0.318)

b. (0.246, 0.250)

C. (0.172, 0.276)

d. (0.142, 0.354)

Reference no: EM132169668

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