Which of the following firms is least integrated?
A) A firm that enters a joint venture with another company to develop a new technology
B) A firm that owns production subsidiaries across the globe
C) A firm that makes equity investments in its supplier's company
D) A firm that buys all the required raw materials from multiple external vendors

Question

Quizplus · Accepted Answer

In the make-or-buy-continuum, the "make" and "buy" choices anchor each end of a continuum from markets to firms. Moving from transacting in the market ("buy") to full integration ("make"), alternatives include short-term contracts as well as various forms of strategic alliances (long-term contracts, equity alliances, and joint ventures) and parent-subsidiary relationships.

Which of the Following Firms Is Least Integrated