Which of the Following Is the Best Definition of Vertical

question 48

Short Answer

Which of the following is the best definition of vertical merger?
A strategy in which one of the companies in the merger is a supplier or customer of the other
An approach by which firms move away from department-oriented organization and toward process-oriented team structures that cut across old departmental boundaries
The strategy of using the internet and word-of-mouth marketing to spread product information
Any activity that adds value to some input by transforming it into an output for an internal or external customer
The strategy of paying suppliers and distributors to perform certain business processes or to provide needed materials and resources

---

Definitions:

War Breaks

Sudden onset of warfare or hostilities between nations or groups.

Travel Ban

Government-imposed restrictions on travel to or from specific countries or regions, often implemented for reasons related to public health, safety, or national security.

Liability

A legal obligation to compensate for the harm or damage one's actions have caused.

Damages For Breach

Compensation awarded for loss or harm resulting from a breach of contract.