MGT603 Strategic Mgt 2nd GDB - VUsolutions
Monday, February 01, 2010 Posted In MGT Edit ThisMr. Ali is a vehicle manufacturer, he buys tires from a tire manufacturer and has to bear extra cost. But if he produces his own tires, he can reduce costs and get improved quality. Being a manager, which integrative strategy would you recommend and why?
Solutions:<>
As a manager of the firm I shall adopt Backward Integration policy since the cost of buying tires from the market is too high. This would give the firm a competitive edge by reducing cost and improving quality.