Vertical integration is:
A)A firm's ownership and control of vertically-related activities
B)A firm's control over its input sources and the distribution of its output
C)A firm establishing close relationships with its suppliers and its buyers
D)A firm acquiring an equity stake in a supplier or buyer

Question

Quizplus · Accepted Answer

Vertical integration involves a firm owning and controlling activities along its supply chain, which is described in choice A. Choices B, C, and D describe aspects of vertical integration, but do not fully capture its definition.

Vertical Integration Is