Question:
The best example of a vertical integration is
A. a global public accounting firm acquiring a small local or regional public accounting firm.
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C. a crude oil refiner purchasing a firm engaged in drilling and exploring for oil.
D. a hospital opening up a veterinarian clinic.
E. a railroad company acquiring a trucking company specializing in long-haul freight.
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Twitter’s vertical integrationVertical Integration:
Vertical integration means a firm acquires ownership or control of another firm at a different level in the supply chain. Integration can be forward or backward.
Answer and Explanation:
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- The best example of vertical integration is C. a crude oil refiner purchasing a firm engaged in drilling and exploring for oil.
Yes, this is an...
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