Multiple Choice
The practice of an existing firm replacing one or more of its supplier markets with its own hierarchical structure for creating the supplied product is called ____.
A) marketing process
B) market integration
C) vertical integration
D) horizontal integration
Correct Answer:

Verified
Correct Answer:
Verified
Q30: The increase in broadband connections in homes
Q31: Transferring funds, placing orders, sending invoices, and
Q53: Electronic commerce provides buyers with an easy
Q69: Economists refer to large, hierarchical business organizations
Q71: Using the value chain reinforces the idea
Q72: A transaction is an exchange of value.
Q75: The U.S.government is one of the largest
Q76: Many _, such as wheat, sugar, and
Q78: Businesses often have a(n)_ department devoted to
Q79: Before the Internet came into existence as