The acquisition of a firm in the same industry, but at a different stage of the production process is called
A)Conglomerate
B)Forward
C)Vertical
D)Horizontal

Question

Quizplus · Accepted Answer

Vertical integration refers to the acquisition of a company operating at a different stage of the same industry's production process. This strategy can help a company control more aspects of its supply chain, reduce costs, and improve efficiency.

The Acquisition of a Firm in the Same Industry, but at a Different