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Business, 23.03.2020 23:02 Franky7035

Chapter 1 discussed the history of the vertically integrated corporate giants of the early 20th century. Use concepts in this chapter to explain why firms facing the following conditions are more likely to vertically integrate: (1) The firm is in a developing economy; (2) the firm uses a capital intensive production process. Be sure to discuss both reasons to make and reasons to buy.

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