________ refers to the situation when various units within the firm can be seen as suppliers to other units within the firm.
A) Supply chain management
B) Vertical integration
C) Operations management
D) Cross-ownership

Question

Quizplus · Accepted Answer

Vertical integration refers to the process where a company expands its business operations into different steps on the same production path, such as when a manufacturer owns its supplier and/or distributor. In this context, various units within the firm acting as suppliers to other units can be seen as a form of vertical integration, where the company controls multiple stages of its supply chain.

________ Refers to the Situation When Various Units Within the Firm