____________ is the production abroad of a differentiated product that is also produced at home.

Question

Quizplus · Accepted Answer

Horizontal integration refers to the expansion of a company by acquiring similar firms in the same industry. In this case, the differentiated product is already being produced by the company at home, and the company is expanding its production by producing the same product abroad. This is a form of horizontal integration. Forward integration refers to expanding towards the customer, while backward integration refers to expanding towards suppliers. Vertical integration refers to expanding throughout the supply chain, from production to final delivery. None of these definitions fit the scenario described.

____________ Is the Production Abroad of a Differentiated Product That