forum question 97
I need a reply to this forum question to another student. It has to be at least 160 words and I would like for it to be in your own words.
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Order Paper NowClass, Yes, acquiring portions of the supply chain can strengthen the job market. I may have mentioned this in a previous week. Often the vertical strategy is employed when resources are scarce and competition exists. An example could be a mineral that is in high demand. The raw material may be needed for a manufacturing process. If your company can take control of mining the mineral, then a big competitive advantage is achieved. This could even force competitors out of business.
Can anyone think of an example of a business controlling a supply chain in this manner?