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The practice of supply chain members acting in close collaboration while retaining independent ownership is known as:
Suggested Answer: D
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The practice of supply chain members acting in close collaboration while retaining independent ownership is known as virtual integration. This term was introduced by Michael Dell in the 1990s to describe processes resulting from combining traditional supply chain vertical integration with the characteristics of the virtual organization1. Virtual integration allows supply chain partners to share information, coordinate activities, and leverage each other's capabilities, without having to merge or acquire each other. This can lead to improved efficiency, responsiveness, and innovation in the supply chain23. Vertical integration, on the other hand, is a business strategy where the business itself controls the supply chain and multiple stages of its production process, thus eliminating or reducing third-party vendor dependencies4. Forward integration and horizontal integration are types of vertical integration, where the business expands its control over the downstream or the same level of the supply chain, respectively4.
41 comments · newest first
CE
Cecil
10 months ago
Really? I’m not sure about this virtual integration thing.
JA
Jani
11 months ago
I thought it was horizontal integration, but I guess not!
SH
Shawna
11 months ago
Wait, isn't that just a fancy term for collaboration?
TA
Tatum
11 months ago
Totally agree, virtual integration is the way to go.
JA
Jacquelyne
11 months ago
It's called virtual integration!
GR
Gracia
12 months ago
I’m leaning towards virtual integration too, but I keep mixing it up with forward integration. Need to double-check my notes!
SO
Sonia
12 months ago
I feel like we covered this in class, and it was about collaboration without losing independence. Could it be horizontal integration?
BE
Beula
12 months ago
I remember something about vertical integration, but that usually involves ownership, right? This seems different.
JO
Josue
1 year ago
I think the answer might be virtual integration, but I'm not completely sure. It sounds familiar from our discussions.
BL
Blondell
1 year ago
I'm a bit confused by the wording of the question. I'll have to re-read it a few times to make sure I understand before selecting an answer.
CA
Catina
1 year ago
Ah, I remember learning about this in class. I'm pretty confident the answer is B. forward integration.
AL
Alayna
1 year ago
Okay, let me see. I know it has something to do with supply chain collaboration, so I'm going to go with C. horizontal integration.
FR
Frederica
1 year ago
Hmm, I'm not sure about this one. I'll have to think it through carefully before answering.
JU
Jutta
1 year ago
This question seems straightforward, I think the answer is D. Virtual integration.
RE
Ressie
1 year ago
Thanks, MikeT. Your explanation makes sense. I think I'll go with Service as the answer for this one.
CO
Corinne
1 year ago
This looks like a straightforward question about the capabilities of Delegated Development in ServiceNow. I'll need to carefully review the options and think through what administrators can and cannot do.
PA
Pansy
1 year ago
Okay, let me see... I remember learning about this in class. I believe the asset manager is responsible for the initial asset allocation to the user or custodian. But I'll review the material just to make sure.
GE
Gerald
1 year ago
Hmm, I'm a bit confused. Do I need to create a new frontend IP address, health probe, load balancing rule, or backend pool to achieve this?
BO
Bobbie
2 years ago
Hmm, this is a tough one. I'm leaning towards virtual integration, but I can't help but think it sounds like something straight out of a sci-fi movie. Where's my holodeck when I need it?
GA
Galen
2 years ago
Ah, the age-old supply chain dilemma. I'm voting for virtual integration - it's the corporate equivalent of an open relationship. Commitment with flexibility, baby!
TY
Ty
2 years ago
I think forward integration is the key to success. It's all about moving forward together.
WY
Wynell
2 years ago
I see your point, but I believe vertical integration is the most effective strategy for supply chain management.
IS
Isadora
2 years ago
I prefer horizontal integration. It's all about working together on the same level.
IN
Inocencia
2 years ago
I think virtual integration is the way to go too. It allows for cooperation without losing independence.
FR
Francoise
2 years ago
Virtual integration, for sure! It's like having your cake and eating it too. Collaboration and autonomy, what's not to love?
VI
Vicky
2 years ago
Virtual integration allows for collaboration without sacrificing individual ownership.
CA
Caren
2 years ago
It's definitely a great way to work together while still maintaining independence.
NU
Nu
2 years ago
I agree, virtual integration offers the best of both worlds.
CH
Chi
2 years ago
Virtual integration allows for collaboration without sacrificing individual ownership.
CO
Corrina
2 years ago
It's definitely a great way to work together while still maintaining independence.
BE
Becky
2 years ago
I agree, virtual integration offers the best of both worlds.
WI
Wilda
2 years ago
I see your point, Hyun. I think I'll go with C) horizontal integration too.
HY
Hyun
2 years ago
I'm leaning towards C) horizontal integration because it involves collaboration while maintaining independence.
PA
Pamela
2 years ago
Hmm, I'm not so sure. Isn't horizontal integration the one where companies work together while staying separate? That seems more like what the question is asking for.
LY
Lynette
2 years ago
Yes, that's correct. It allows companies to collaborate closely without merging their ownership.
TR
Tracie
2 years ago
I think you're right, horizontal integration does involve companies working together while maintaining their independence.
JE
Jennifer
2 years ago
I disagree, I believe it's D) virtual integration.
DO
Dominque
2 years ago
I think virtual integration is the way to go. It allows for collaboration without sacrificing independence.
AR
Aretha
2 years ago
I think virtual integration is a great way to ensure collaboration without giving up control.
TH
Theola
2 years ago
I agree, virtual integration seems like the best option for maintaining independence while working closely together.
CH
Chuck
2 years ago
I think the answer is A) vertical integration.