The decision to opt for vertical integration or not depends entirely on the specific circumstances that a firm finds itself in.

Question

Quizplus · Accepted Answer

The decision to opt for vertical integration or not cannot be generalized as it depends on various factors such as market conditions, availability of resources, production processes, competition, etc., which differ from firm to firm. Therefore, it is a subjective decision that needs to be evaluated based on the specific situation of the company.

The Decision to Opt for Vertical Integration or Not Depends