Firms that contain some divisions that produce parts and components to be used by other divisions in order to generate finished goods are said to be:
A) horizontally integrated.
B) vertically integrated.
C) multinationals.
D) corporations.

Question

Quizplus · Accepted Answer

Firms that contain some divisions that produce parts and components to be used by other divisions in order to generate finished goods are said to be vertically integrated.

Firms That Contain Some Divisions That Produce Parts and Components