Which of the following best describes vertical integration?
A)sell products to a supplier or a distributor
B)develop the ability to produce products that complement the original product
C)produce goods or services previously purchased
D)develop the ability to produce the specified good more efficiently than before
E)build long-term partnerships with a few suppliers

Question

Quizplus · Accepted Answer

Vertical integration involves producing goods or services previously purchased, such as bringing a supplier's production process in-house.

Which of the Following Best Describes Vertical Integration