Vertical integration is to the control of production of a product as horizontal combination is to control of __________.
A) the market for a product
B) the labor force
C) transportation of raw materials
D) the volume of production

Question

Quizplus · Accepted Answer

Vertical integration involves a company controlling various stages of production or distribution of a product, whereas horizontal combination (or horizontal integration) involves a company controlling the market for a product by owning or controlling multiple companies at the same stage of production or distribution.

Vertical Integration Is to the Control of Production of a Product