A Company Pursuing a Strategy of Vertical Integration May Expand

Multiple Choice

A company pursuing a strategy of vertical integration may expand its operations:

A) backward into an industry that produces inputs for the company's products.
B) by making specialized investments jointly with its competitor.
C) laterally into an industry that competes with the company's products.
D) by merging with industry competitors.
E) by using its capital resources to purchase another company within the industry.