Diversification into upstream or downstream industries is called ________.
A) synergistic integration
B) vertical integration
C) horizontal integration
D) related diversification

Question

Quizplus · Accepted Answer

Vertical integration involves expanding into upstream or downstream industries to gain greater control over the supply chain and potentially reduce costs. Synergistic integration and related diversification may involve diversifying into different industries that are related to the core business, but not necessarily upstream or downstream. Horizontal integration involves expanding within the same industry by acquiring competitors.

Diversification into Upstream or Downstream Industries Is Called ________