When a firm vertically integrates along the industry supply chain and invests in specific assets in order to support its activities,it has invested in:
A) Fixed assets.
B) Firm assets.
C) Specialized assets.
D) Required assets.

Question

Quizplus · Accepted Answer

Specialized assets are specific assets invested in by a firm when pursuing vertical integration along the industry supply chain.

When a Firm Vertically Integrates Along the Industry Supply Chain