Asked by Jamie Osborn on May 23, 2024
Verified
When a company is involved in more than one activity in the entire value chain, it is vertically integrated.
Vertically Integrated
A company structure where the company controls multiple stages of production, distribution, or both within the same industry.
Entire Value Chain
The full range of activities involved in designing, producing, marketing, and selling a product or service, from initial concept to delivery to the end user.
- Identify the advantages and consequences of adopting vertical integration within the realm of supply chain management.
Verified Answer
RK
Rohan KapurMay 26, 2024
Final Answer :
True
Explanation :
When a company is involved in more than one activity in the entire value chain, from production to distribution, it is said to be vertically integrated.
Learning Objectives
- Identify the advantages and consequences of adopting vertical integration within the realm of supply chain management.
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