Both supplier and buyer can benefit from gains in efficiency and savings in the bureaucratic costs entailed by vertical integration.

Question

Quizplus · Accepted Answer

Both supplier and buyer can benefit from vertical integration as it can lead to gains in efficiency and savings in bureaucratic costs. This is because integration eliminates the need for middlemen and allows for smoother communication and streamlined processes between the supplier and buyer. Additionally, by working together closely, the parties can identify areas where costs can be reduced and work to implement efficient solutions.

Both Supplier and Buyer Can Benefit from Gains in Efficiency