1. Describe OPEC Plastics’ lines of business. Why is it important to understand

1. Describe OPEC Plastics’ lines of business. Why is it important to understand their lines of business?
2. What are OPEC Plastics’ core competencies? Why does it matter what their core competencies are?
3. Identify the risks and benefits of the three avenues of growth: a) horizontal expansion through scale and scope; b) vertical integration, either backwards or forwards; and c) conglomerate expansion into more distant businesses.