An example of horizontal integration is the purchase of Kmart by Sears. Horizontal integration occurs when two companies at the same level in the supply chain merge.Know More
Horizontal integration offers a range of benefits including increased marketing power and a reduction of costs through economies of scale. As a company expands, it is able to achieve economies of scale by having a greater revenue base to spread its overhead costs.
Vertical integration is when a company purchases a company that is in a different level of the supply chain. Kmart purchasing one of the brands it sells is an example of vertical integration.Learn more about Managing a Business
As of 2014, Kmart does not have a branded credit card, but a credit card from Sears, an affiliated company, can be used as a form of payment when shopping at Kmart. All of the special offers and rewards available at Sears when shopping with the card are also available at Kmart.Full Answer >
A programmed decision is a decision that a manager has made many times before. It is a routine and repetitive process, wherein a manager follows certain rules and guidelines. An example of a programmed decision is reordering office supplies.Full Answer >
An example of a utilitarian organization would be a business where a person works for income, as stated by Pearson Sociology. These organizations provide money in exchange for membership and fulfilling the requirements of that membership, such as performing labor for a job.Full Answer >
A transition plan lays out a series of events and resources needed to move a business into a new direction. It starts with a list of deliverables, such as studies, analyses, projected sales or client growth, new policies and procedures, and a well-conceived plan for changing internal structure.Full Answer >