True or False

Because a combination strategy bears no risk, many organizations pursue a combination of two or more strategies simultaneously.

• True

• False

Horizontal integration is seeking ownership or increased control over competitors.

• True

• False

Divestiture is selling all of a company's assets, in parts, for their tangible worth.

• True

• False

A chief executive officer is located in the divisional level of a large firm.

• True

• False

Gaining ownership or increased control over distributors or retailers is called forwärd integration strategy.

• True

• False

Franchising is an effective means of implementing forward integration.

• True

• False

A growing trend is for franchisers to buy out their part of the business from their franchisees.

• False

• True

Strategic objectives include larger market share, quicker on-time delivery than rivals, shorter design-to-market times than rivals, lower costs than rivals, and wider geographic coverage than rivals.

• true

• false

If it ain't broke, don't fix it" refers to managing by crisis.

• true

• false

Because a combination strategy bears no risk, many organizations pursue a combination of two or more strategies simultaneously.

• true

• false