Vertical integration is about acquiring buyers and suppliers

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1. Corporate strategy is more likely to lead to competitive advantage the more unrelated the business are that are part of the corporation

T or F

2. Strategic group are firm s within an industry that are cooperating to avoid competition

T or F

3. “Stuck in the middle” refers to any firm that has not made tradeoffs to commit sufficiently to one strategy or another

T or F

4. Vertical integration is about acquiring buyers and suppliers: diversification is about acquiring any firm that is not a buyer or supplier

T or F

5. Firms should avoid industries with a poor industry structure because the firm will also suffer from lower than average profitability.

T or F

Reference no: EM132155733

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