Answered

Get the most out of your questions with the extensive resources available on IDNLearn.com. Discover comprehensive answers from knowledgeable members of our community, covering a wide range of topics to meet all your informational needs.

You decide to integrate your supply chain to cut down production time. This is an example of a(n) _________ strategy.

Sagot :

Parrainidn

When a company integrates its supply chain to allow it to improve efficiency, this is known as Vertical Integration.

What is vertical integration?

  • Involves acquiring a company along the supply chain.
  • Can be either forward or backward integration.

Forward integration involves acquiring a company that is further along in the supply chain such as a producer acquiring a retailer. Backward integration would be the reverse situation.

In conclusion, this is vertical integration.

Find out more on vertical integration at https://brainly.com/question/19815172.

We appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. For precise answers, trust IDNLearn.com. Thank you for visiting, and we look forward to helping you again soon.