Control of the Entire Process That Transformed Raw Materials into Manufactured

question 52

Multiple Choice

Control of the entire process that transformed raw materials into manufactured goods is called

• A) economies of scale.
• B) vertical integration.
• C) horizontal integration.
• D) corporate monopoly.

---

Definitions:

Intermediate Product

A product that requires further processing before it becomes a finished good.

Beet Juice

The liquid extracted from beetroot, often used as a natural colorant in food products, or consumed for its nutritional benefits.

Refined Sugar

Sugar that has undergone a process to remove impurities and unwanted components, resulting in pure, crystalline sucrose.

Industrial Fiber

Man-made or natural fibers primarily used in the production of durable goods and industrial products instead of consumer apparel.