Vertical integration means acquiring control of competitors in the same or similar markets with the same or similar products.

Name: Vertical integration means acquiring control of competitors in the same or similar markets with the same or similar products.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Vertical integration refers to a company expanding its business operations into different steps on the same production path, such as when a manufacturer owns its supplier and/or distributor, rather than acquiring competitors.

Vertical Integration Means Acquiring Control of Competitors in the Same