Solved

Carl Is the Owner of a Steel Plant

Question 20

Multiple Choice

Carl is the owner of a steel plant. His company works on the principle of vertical integration. This implies that:


A) he shares his profit with other companies.
B) he buys raw materials from other companies.
C) he controls everything from raw materials to finished products.
D) his organization is weighed down by a high level of bureaucracy.
E) his organization has taken over its competitors to lower costs and competition.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents