tailieunhanh - Gmat official guide 10th edition part 13

Tham khảo tài liệu 'gmat official guide 10th edition part 13', ngoại ngữ, kỹ năng đọc tiếng anh phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | ability to assemble these components successfully into end products. Long-term contracts with suppliers can achieve many of the same cost benefits as backward integration without compromising a company s ability to innovate. However moving away from backward integration is not a complete solution either. Developing innovative technologies requires independent suppliers of components to invest huge sums in research and development. The resulting low profit margins on the sale of components threaten the long-term financial stability of these firms. Because the ability of end-product assemblers to respond to market opportunities depends heavily on suppliers of components assemblers are often forced to integrate by purchasing the suppliers of components just to keep their suppliers in business. 257. According to the passage all of the following are benefits associated with backward integration EXCEPT A improvement in the management of overhead expenses B enhancement of profit margins on sales of components C simplification of purchasing and marketing operations D reliability of a source of necessary components E elimination of unnecessary research efforts 258. According to passage when an assembler buys a firm that makes some important component of the end product that the assembler produces independent suppliers of the same component may A withhold technological innovations from the assembler B experience improved profit margins of on sales of their products C lower their prices to protect themselves from competition D suffer finanical difficluties and go out of business E stop developing new versions of the component 259. Which of the following best describes the way the last paragraph functions in the context of the passage A The last in a series of arguments supporting the central argument of the passage is presented. B A viewpoint is presented which qualifies one presented earlier in the passage. C Evidence is presented in support of the argument developed in the