Vertical integration is undertaken to support the competitive position of a company's core business.

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Vertical integration is a strategy where a company expands its operations in the supply chain by acquiring or merging with companies at different stages of the production process. This is done to ensure that the company has more control over its supply chain, reduce dependence on suppliers and distributors, and improve efficiency. The primary objective of vertical integration is to support the competitive position of a company's core business. Therefore, the given statement is true.

Vertical Integration Is Undertaken to Support the Competitive Position of a Company's