Multiple Choice
A government oil company is having trouble with the private refineries and transporters to whom it delegates important stages of production. It decides to become more active along the entire supply chain from locating deposits to retailing the fuel to consumers. Which of the following does it intend to achieve?
A) outsourcing
B) economies of scale
C) increase inputs
D) advanced production technology
E) vertical integration
Correct Answer:
Verified
Correct Answer:
Verified
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