A trucking company that grows by purchasing a chain of service stations is engaged in 'horizontal integration'.

Question

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Horizontal integration refers to a company expanding its business by acquiring or merging with another company in the same industry or line of business. Acquiring a chain of service stations is an example of vertical integration, which refers to a company expanding its business by acquiring or merging with a company that operates in a different stage of the supply chain.

A Trucking Company That Grows by Purchasing a Chain of Service