Chapter $8$

$1.$ Explain forward and backward integration with the help of examples.

$2.$ Give three situations under which short$-$term contracts with suppliers are beneficial.

$3.$ Explain different components of external transaction costs.

$4.$ Explain related and unrelated diversification strategies with the help of examples.

$5.$ How is licensing different from franchising? State three differences.

$6.$ Explain the difference between equity and non$-$equity alliances with the help of examples.

$7.$ How are equity alliances different from joint ventures?

$8.$ Explain with examples how a company can take leverage of existing core competencies in the existing and new markets.

$9.$ Explain with examples how a company can take leverage of new core competency in the existing and new markets.