Question: 1 define forward integration/backward integration 2 Under what conditions is it optimal for firms to backward integrate? - has to be cheaper to backward integrate
1 define forward integration/backward integration
2 Under what conditions is it optimal for firms to backward integrate? - has to be cheaper to backward integrate than to purchase each component separately
3 describe the different types of diversification and revenues from each (single, dominant, related constrained, related linked, unrelated)
4 define Diversification discount
5 define Diversification premium
6 What is the optimal level of diversification (chart w/ curve)
7 What is restructuring?
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