An Example of Vertical Integration Is a Manufacturer Who Mines

question 70

True/False

An example of vertical integration is a manufacturer who mines the raw materials, produces the product, and then sells it in company owned stores.

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Definitions:

Subgroups

Smaller distinct groups formed within a larger group, possibly based on shared interests or characteristics.

Groups

Collections of individuals who come together with a common purpose or interest, whether for social, professional, or therapeutic reasons.

Worker

An individual engaged in a particular occupation or activity, especially referring to manual or industrial labor.

Encouraged

Motivated or inspired to do something or to continue doing something in a hopeful or positive manner.