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Problem 4: A vertically integrated company is a company that owns, manages, and operates all itsbusiness functions. A horizontally integrated company is a corporation consisting of a number ofcompanies, each of which is acting independently. The corporation provides branding, direction, andgeneral strategy. Compare and contrast the supply chain strategies of the two types of companies.Problem 5: If a firm is completely vertically integrated, is effective supply chain managementstill important?
Problem 6: Consider the supply chain for canned peaches sold by a major food processing company.What are the sources of uncertainty in this supply chain?