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What was the fundamental misconception about the structure of vertically integrated corporations?
  • a)
    They were too focused on technological advancements.
  • b)
    They were too large and inefficient.
  • c)
    They represented the elemental unit of dynamic economies.
  • d)
    They lacked coordination among different tasks.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What was the fundamental misconception about the structure of vertical...
The fundamental misconception was that vertically integrated corporations were believed to be the elemental unit of dynamic and prosperous economies. This belief was erroneous as it was later revealed that different tasks within the production process could be distributed across the social division of labor in various ways.
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What was the fundamental misconception about the structure of vertically integrated corporations?a)They were too focused on technological advancements.b)They were too large and inefficient.c)They represented the elemental unit of dynamic economies.d)They lacked coordination among different tasks.Correct answer is option 'C'. Can you explain this answer?
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What was the fundamental misconception about the structure of vertically integrated corporations?a)They were too focused on technological advancements.b)They were too large and inefficient.c)They represented the elemental unit of dynamic economies.d)They lacked coordination among different tasks.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What was the fundamental misconception about the structure of vertically integrated corporations?a)They were too focused on technological advancements.b)They were too large and inefficient.c)They represented the elemental unit of dynamic economies.d)They lacked coordination among different tasks.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What was the fundamental misconception about the structure of vertically integrated corporations?a)They were too focused on technological advancements.b)They were too large and inefficient.c)They represented the elemental unit of dynamic economies.d)They lacked coordination among different tasks.Correct answer is option 'C'. Can you explain this answer?.
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