The Process by Which a Company Extends Its Control Over

question 25

Multiple Choice

The process by which a company extends its control over additional stages of production is called ________.

• A) outsourcing
• B) horizontal recruitment
• C) vertical integration
• D) capital structure

---

Definitions:

Unemployment Spells

Periods of time during which an individual is searching for employment but is unable to find work.

Frictional Unemployment

Temporary unemployment existing in a job market due to time taken by workers to move between jobs, including new or re-entering workers.

Structural Unemployment

Unemployment arising from a persistent mismatch between the skills of workers and the requirements of jobs, often exacerbated by technology or market changes.

Frictional Unemployment

Temporary unemployment experienced by individuals transitioning between jobs, seasons, or moving to new locations.