_____ Takes Place When a ?Rm Outsources a Stage of the Production

question 90

Multiple Choice

_____ takes place when a ?rm outsources a stage of the production process in order to reduce costs.

• A) Horizontal disintegration
• B) Horizontal integration
• C) Vertical disintegration
• D) Vertical integration

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Definitions:

Retirement

The point in time when an individual stops working in their professional career, often associated with aging and financial planning for the post-work phase of life.

Gain or Loss

The financial result that occurs when the selling price of an asset is higher or lower than its purchase price, respectively.

Cash Proceeds

The total amount of cash received from a transaction, such as the sale of an asset or a business operation.

Market Rate

The prevailing price or interest rate for goods, services, or securities in a particular market at a given time.