What Is the Difference Between a Firm's Geographical Scope and Its

Multiple Choice

What is the difference between a firm's geographical scope and its vertical scope?

A) The first describes the regions of the world where the firm is present and the second the stages of the industry value chain which the firm performs itself
B) The first describes the number of countries and the second the number of horizontal businesses where the firm is present
C) There is no difference
D) This question does not make sense