Question

Future Clothes Inc., a publicly-traded company, designs and manufactures wearable technology. What approach should Future Clothes take after a long period of horizontal integration in its industry?

Answer 1

The correct answer would be, Focus on research and development as a form of non-price competition.

Future clothes Inc., a publicly traded company, designs and manufactures wearable technology. Future Clothes should Focus on research and development as a form of non-price competition.

Explanation:

When a company increases its production of goods or services at the same part of the supply chain, this expansion is called as the horizontal integration. Horizontal integration is achieved through increasing production of goods or services through Mergers, acquisitions, internal expansions, etc.

So when Future Clothes have a long period of horizontal integration in the industry, they should now focus on Research and Development in its related products or services as a form of non price competition.

Learn more about Horizontal Integration at:

brainly.com/question/1928970

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