Project Summary: please answer the following questions: 1. Under what conditions might horizontal integration be inconsistent with the goal of maximizing profitability. 2. What is the difference between a company's internal value chain and the industry value chain? What is the relationship between vertical integration and the industry value chain? 3. Identify Honeywell's (www.honeywell.com) portfolio of businesses that can be found by exploring its website. In how many different industries is honeywell involved? Would you describe honeywell as a related or an unrelated diversification company? Has honeywell's diversification strategy increased profitability over time?