What Does It Mean for a Manufacturing Firm to Vertically

question 5

Multiple Choice

What does it mean for a manufacturing firm to vertically integrate?

• A)Expand using established product technologies to offer a wider variety of products
• B)Reorganize management into semi-autonomous divisions
• C)Produce raw materials and distribute finished goods on their own
• D)Geographic distance between buyers and sellers
• E)Use management consultants to optimize processes

---

Definitions:

Testator

An individual who has made a will or testament to bequeath their estate upon their death.

Executed

Completed or carried out fully; in legal terms, often refers to fully signed contracts or executed legal documents.

Property Disposal

The act of getting rid of property, whether by sale, destruction, donation, or other means, especially in the context of public or corporate assets.

Making A Will

The legal process through which an individual specifies how their assets should be distributed after death.