Multinational companies may purchase a local supplier to directly control the supply of raw materials.This is known as:
A)horizontal integration.
B)diversification.
C)vertical integration.
D)branding.
E)underwriting.

Question

Quizplus · Accepted Answer

Vertical integration occurs when a company acquires a supplier or distributor within its supply chain, allowing it to control the production and distribution process more directly.

Multinational Companies May Purchase a Local Supplier to Directly Control