Question 1. (2 marks) What is vertical integration? What is horizontal integration? What are differences between them? Give example for vertical and horizontal integration.
Read the link below and answer the questions:
https://www.icmrindia.org/casestudies/catalogue/Business%20Strategy1/BSTR063.htm
Question 2. (2 marks) What was the rationale behind the restructuring initiatives of large multinational corporations (MNCs) in the consumer electronics industry?
Question 3. (1 mark) What were the consequences of the frequent restructuring (often accompanied by changes in top management) of large MNCs?