-How does this graphic illustrate the difference between vertical integration and horizontal integration?
A) The focus of horizontal integration is on controlling raw materials whereas the focus of vertical integration is on the finished product.
B) Companies employing horizontal integration generally follow fair labor practices whereas those employing vertical integration typically exploit their workers.
C) Vertical integration involves control of all phases of production whereas horizontal integration involves buying out rival companies producing the same product.
D) Vertical integration involves the abuse of conventional ethics whereas horizontal integration is illegal.

Question

-How does this graphic illustrate the difference between vertical integration and horizontal integration?
A) The focus of horizontal integration is on controlling raw materials whereas the focus of vertical integration is on the finished product. 
B) Companies employing horizontal integration generally follow fair labor practices whereas those employing vertical integration typically exploit their workers. 
C) Vertical integration involves control of all phases of production whereas horizontal integration involves buying out rival companies producing the same product. 
D) Vertical integration involves the abuse of conventional ethics whereas horizontal integration is illegal.

Quizplus · Accepted Answer

Vertical integration is about a company controlling various stages of production or distribution within the same industry, from raw materials to final product delivery. Horizontal integration, on the other hand, involves a company expanding its presence by acquiring or merging with other companies that produce the same or similar products, thereby reducing competition and increasing market share.

-How Does This Graphic Illustrate the Difference Between Vertical Integration