________ is best described as a firm's ownership of its production of needed inputs or of the channels by which it distributes its outputs.
A) Venture capitalism
B) Bootlegging
C) Vertical integration
D) Crowdsourcing

Question

Quizplus · Accepted Answer

Vertical integration is a firm's ownership of its production of needed inputs or of the channels by which it distributes its outputs. Vertical integration can be measured by a firm's value added: What percentage of a firm's sales is generated within the firm's boundaries?

________ Is Best Described as a Firm's Ownership of Its