A fully integrated system represents ________.

Question

Quizplus · Accepted Answer

A fully integrated system involves the combination of different stages of production and distribution within the same company, thus representing vertical integration. This differs from partial vertical integration, which only involves some stages of production and distribution, and horizontal integration, which involves the merging of multiple companies in the same industry. Interbrand competition refers to the competition between different brands or companies in the same industry but is not directly related to integration.

A Fully Integrated System Represents ________