Which of the following is an example of backward vertical integration?

Backward vertical integration involves acquiring a business operating earlier in the supply chain – e.g. a retailer buys a wholesaler, a brewer buys a hop farm. Another good example was Apple Inc. buying a chip supplier Dialog in 2018.

Is Starbucks highly vertically integrated?

Starbucks uses a vertically integrated supply chain, which means that the company is involved in every step of its supply chain process, all the way from the coffee bean to the cup of coffee sold to consumers. Not only do the C.A.F.E. practices and CSG benefit Starbucks, they also provide advantages for suppliers.

What is forward integration and examples?

A good example of forward integration would be a farmer who directly sells his crops at a local grocery store rather than to a distribution center that controls the placement of foodstuffs to various supermarkets.

Which is an example of a scenario planning company?

Example of Scenario Planning Company XYZ is an Automobile manufacturing company. They are in the business for 20 years. They did scenario analysis 5 years back and realized that there would be a time when crude will not be available in the future.

What’s the difference between business continuity and scenario planning?

While both are structured processes for helping a company navigate the future, scenario planning plays a longer game that considers revenue over time. Business continuity planning is about how your business will react to a disaster, such as a warehouse fire or earthquake.

What’s the difference between business and personal life scenario planning?

The difference between Business Scenario Planning and these “personal-life” ones is the number of variables you should take into account, and the implications they could have. A good Business Scenario Planning should analyze at least 2 to 4 scenarios in detail so you can have a global picture about what could be about to come.

Which is the best definition of a scenario?

“A scenario is a story that describes a possible future. It identifies some significant events , the main actors and their motivations, and it conveys how the world functions. Scenarios: an explorers guide Shell International 2003 “Scenario Planning is a valuable

Which of the following is an example of backward vertical integration? Backward vertical integration involves acquiring a business operating earlier in the supply chain – e.g. a retailer buys a wholesaler, a brewer buys a hop farm. Another good example was Apple Inc. buying a chip supplier Dialog in 2018. Is Starbucks highly vertically integrated?…