The merger of two companies in the same industry that makes products required at different stages of the production cycle is called
A)economies of scope.
B)economies of scale.
C)vertical integration.
D)horizontal integration.

Question

Quizplus · Accepted Answer

The merger of two companies in the same industry that makes products required at different stages of the production cycle is known as vertical integration. This type of integration allows the merged entities to control the entire production process from start to finish, gaining control of the supply chain and potentially reducing costs.

The Merger of Two Companies in the Same Industry That