Many Companies Are Finding It More Efficient to Vertically Integrate

question 20

True/False

Many companies are finding it more efficient to vertically integrate than to outsource many of their activities.

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Definitions:

Ensure Results

The act of making certain that planned outcomes or goals are achieved effectively.

Follow-through

The act of continuing an action or task until it is completed or fully achieved.

Controlling

The function of management that involves monitoring performance, comparing it with goals, and correcting any deviations.

Planning

The process of making plans for something, including setting goals, defining strategies, and outlining tasks and schedules.