A trucking company that grows by purchasing a chain of service stations is engaged in what type of growth?
A)merger
B)acquisition
C)vertical integration
D)horizontal integration
E)concentration

Question

Quizplus · Accepted Answer

Vertical integration occurs when a company expands its operations into an area that operates within the supply chain of its current operations, such as a trucking company purchasing a chain of service stations.

A Trucking Company That Grows by Purchasing a Chain of Service