What kind of integration is vertical integration?
A)When the government outlaws discrimination against both short and tall people.
B)When two firms join together in a conglomerate merger.
C)When two firms related in the production process are owned by the same firm,as in a plywood manufacturer owning a logging company.
D)all of the options

Question

Quizplus · Accepted Answer

Vertical integration refers to the merger or acquisition of companies that are involved in different stages of the production process, such as a plywood manufacturer owning a logging company. This allows for better control over the supply chain and can increase efficiency and profitability.

What Kind of Integration Is Vertical Integration