Question

Question 1
1 pts
Forestry
Agriculture
Petrochemical
Resources
30
Manufacturing
Distribution
Horizontal
Integration
Vertical Integration
Which of the following best describes the idea of
"vertical integration" as shown in the image above?
O Vertical Integration involves making fair deals with
everyone involved
• Vertical Integration involves survival of the fittest
• Vertical Integration involves controlling all businesses in an industry
• Vertical Integration involves controlling each step of the manufacturing process

Answer 1

The option that best describes the idea of "vertical integration" is:

• Vertical Integration involves controlling each step of the manufacturing process.

Vertical integration refers to a company taking control of multiple stages of production or supply chain processes, from raw materials to finished goods.