Question: vantages of using this method to acquire inputs? Give an example not used in the text that uses this method of procurement. (LO1, LO3) 3.

vantages of using this method to acquire inputs? Give an example not used in the text that uses this method of procurement. (LO1, LO3) 3. Identify whether each of the following transactions involves spot exchange, contract, or vertical integration. (LO]) a. Barnacle Inc. has a legal obligation to purchase 2 tons of structural steel per week to manufacture conveyor frames. b. ExxonMobil uses the oil extracted from its wells to produce raw polypropylene, a type of plastic. c. Boat Lifts R Us purchases generic AC motors from a local distributor. d. Kaspar Construction-a home-building contractor-purchases 50 pounds of nails from the local Home Depot. . Explain why automobile manufacturers produce their own engines but purchase mirrors from independent suppliers. (LO1, LO2)

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