Week 8 DQ MNG ECO First, identify a manufactured product such as a car, a deskto

Question

Week 8 DQ MNG ECO

First, identify a manufactured product such as a car, a desktop computer, a tablet… and describe the different stages of the value chain for this product. Second, identify a company that sells the product you chose. To what extent is the company vertically integrated? What are the advantages and disadvantages of vertical integration for this company?

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Explanation / Answer

Answer:

The different stages of the value chain for a car are Inbound logistics, Operations, Outboard logistics, Marketing and sales, and services. These activities are supported by infrastructure, human resource management, technology development, and procurement.

An automobile company for cars can be General Motors and its advantages of being vertically integrated are as:

Disadvantages of vertical integration are as:

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