Exam DISC-RM Practice Question 450
Study guide: Exam DISC-RM
A regional property-casualty insurer that writes homeowners and auto policies in three states makes four proposals. Which one is a forward vertical integration strategy?
- A) Begin writing its existing homeowners policies in two neighboring states
- B) Buy the independent agencies that sell most of its policies to customers
- C) Buy a life insurer, an industry with few similarities to its own
- D) Lay off staff and close two regional offices to cut costs
Answer this question and see the worked solution