Which of the Following Is an Example of Vertical Integration

question 25

Multiple Choice

Which of the following is an example of vertical integration?

• A)An industrialist building new plants in a country where operation costs are low.
• B)A cosmetic company collaborating with worldwide retailers to market its product.
• C)A fruit juice manufacturer purchasing orchards.
• D)An exporter delivering goods at a contracted price.

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Definitions:

Autarky

A national economic policy aimed at self-sufficiency, avoiding the import of foreign goods.

Netherlands

A country located in Northwestern Europe known for its flat landscape, extensive canal systems, tulip fields, windmills, and cycling routes.

Belgium

A country in Western Europe known for its medieval towns, Renaissance architecture, and as the headquarters of the European Union and NATO.

Opportunity Cost

The value of the next best alternative foregone as the result of making a decision.