A Firm That Expands by Producing Its Own Raw Materials

question 11

Multiple Choice

A firm that expands by producing its own raw materials or acquiring a retail outlet to sell its own products is most likely using a strategy of ________.

• A)consolidation
• B)geographic expansion
• C)vertical integration
• D)regional diversification

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Definitions:

Egyptians

Refers to the people originating from or residing in Egypt, a country in North Africa.

Muslim Brotherhood

A transnational Sunni Islamist organization founded in Egypt, known for its political activism and social services.

Modern Physicists

Scientists who specialize in the study of physics, focusing on developing and understanding concepts of nature in the modern era.

Epicycles

In ancient astronomy, concentric spheres used to explain the irregular movements of planets in a geocentric model.