Horizontal Integration Is Seeking Ownership or Increased Control Over Competitors

question 97

True/False

Horizontal integration is seeking ownership or increased control over competitors.

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Definitions:

Wisdom

The quality of having experience, knowledge, and good judgment.

TPS

Transaction Processing System; a type of information system that collects, stores, modifies, and retrieves the transactions of an organization.

ERP

Enterprise Resource Planning, a software that manages and integrates a company's financials, supply chain, operations, commerce, reporting, manufacturing, and human resource activities.

SCM

Supply Chain Management is the strategic oversight of the flow of goods, money, and data from the initial supplier to the manufacturer, then through the wholesaling and retailing stages, and ending with the consumer.