Alternatives to Vertical Integration and Diversification Strategies Ideally, companies would like to find alternatives to vertical integration that provide similar benefits without the accompanying risks. This exercise is important because it explains the different alternatives available to strategic leaders that allow companies to gain some of the benefits of vertical integration without the risks of full ownership of the supply chain. The goal of this exercise is for you to demonstrate your understanding of diversification and other strategic alternatives that companies can pursue to gain some of the benefits of vertical integration without the risks. After reading the relevant content in Chapter 8, complete the exercise that follows. 5b. Offshoring is another word for ________. Offshoring is another word for ________Blank. Multiple Choice contracting workers from other countries distributing products globally outsourcing sourcing products globally sending jobs out of the country