Vertical Integration Is

question 37

Multiple Choice

Vertical integration is:

• A) Increasing the number of customers
• B) The extent to which an organisation owns the network of which it is part
• C) The purchase of competitor businesses
• D) Reducing the number of direct suppliers

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Definitions:

N-form Organization

A network structure for organizing a company, emphasizing horizontal communication and collaboration across diverse units.

M-form Organization

A type of organizational structure where a firm is divided into multiple, semi-autonomous units or divisions, each with its own profit responsibility.

Functional Organization

An organizational structure divided into departments based on specialization or function, such as marketing, finance, and production, to increase efficiency and effectiveness.

N-form Organization

A network form of organization is a business structure characterized by dynamic, flexible relationships among various independent entities or units to share skills, costs, and access to one another's markets.