1) What is the concept of value chain analysis? What are the four components of supply chain management? 2) What does it entail to produce product development? Come up for a new and differentiated product for an existing company. 3.) What are integrative growth strategies? What is its significance? 4) Differentiate horizontal integration and vertical integration. ... backward integration and forward integration. Relate these types of integrations to the role of global strategies in the conduct of today's businesses.