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1) Which of the following is an example of conglomerate integration:         a

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1) Which of the following is an example of conglomerate integration:  
  
   a. a car manufacturer buys a car manufacturer
  
   b. a car manufacturer buys a tire manufacturer
  
   c. a car manufacturer buys a car retail outlet
  
   d. a car manufacturer buys a farm equipment retail outlet
  
  
  
 
  
2) Which of the following is an example of forward vertical integration:  
  
   a. a car manufacturer buys a car manufacturer
  
   b. a car manufacturer buys a tire manufacturer
  
   c. a car manufacturer buys a car retail outlet
  
   d. a car manufacturer buys a farm equipment retail outlet
3) Which of the following is an example of backward vertical integration:  
  
   a. a car manufacturer buys another car manufacturer
  
   b. a car manufacturer buys a tire manufacturer
  
   c. a car manufacturer buys a car retail outlet
  
   d. a car manufacturer buys a farm equipment retail outlet
  
  4) Greiner's model:  
  
   a. involves various stages in a takeover
  
   b. involves how much latitude to give employees to be creative versus being managed and controlled by management
  
   c.claims it is always better to have a more managed and controlled work force
  
   d. both (a) and (b)
  
 5) If demand is income inelastic:  
  
   a. the % change in quantity demanded is less than the % change in income
  
   b. the % change in quantity demanded is greater than the % change in income
  
   c. the % change in quantity demanded is equal to the % change in income
  
   c. none of the above