_____ is the process by which certain business functions are acquired and consolidated within a firm.
A)Acquisition
B)Outsourcing
C)Collaboration
D)Vertical integration

Question

Quizplus · Accepted Answer

Vertical integration is the process by which certain business functions are acquired and consolidated within a firm. This means that a company expands its operations by purchasing another company that produces the same product or performs the same service, thereby increasing its control over the supply chain. This can be done either upstream (by acquiring suppliers) or downstream (by acquiring distributors or retailers).

_____ Is the Process by Which Certain Business Functions Are