Which Concept Refers to Where One Organization Owns Multiple Participants

question 34

Multiple Choice

Which concept refers to where one organization owns multiple participants in the supply chain?

• A) supply chain management
• B) vertical integration
• C) horizontal integration
• D) intensive distribution

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Definitions:

Human Beings

Members of the species Homo sapiens, characterized by their capacity for language, thought, culture, and emotional complexity.

Exhibiting Excellence

The act of displaying outstanding qualities or performances in a particular field or activity.

Practical Wisdom

The ability to make judicious and effective decisions in the practical matters of life, emphasizing the importance of ethics, good judgment, and the proper application of knowledge.

Golden Mean

A philosophical concept, particularly in Aristotle's ethics, emphasizing moderation between extremes.