Explain the Three Cs of Vertical Integration

question 45

Essay

Explain the three Cs of vertical integration.

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Definitions:

Global Market

An international economic environment in which goods, services, currencies, and information move across national borders.

Global Supply Chains

Networks that span across international borders designed to source, produce, and deliver goods or services around the world.

U.S. Ports

Key gateways for domestic and international trade, involving the management of goods entering or leaving the United States via sea, air, or land.