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) merchandising
B) crowdsourcing
C) vertical integration
D) horizontal integration
Correct Answer:

Verified
Correct Answer:
Verified
Q8: Business-to-business (B2B) electronic commerce is sometimes called
Q9: A(n) _ is a specific collection of
Q10: The highly sophisticated tools for investigating patterns
Q11: One significant component of _ can be
Q12: A transaction is an exchange of value,
Q14: Multiple firms that sell similar products to
Q15: Banks use _, which are electronic transmissions
Q16: Strategic partnerships occurring between or among companies
Q17: Using the value chain reinforces the idea
Q18: Businesses that engage in electronic data interchange