Vertical Integration Is Based on a Company Entering Industries That

question 13

Multiple Choice

Vertical integration is based on a company entering industries that add ____ to its core products.

• A) costs
• B) little or nothing
• C) incremental elements
• D) shipping expenses
• E) value

---

Definitions:

Internal Customer

An individual or department within an organization that receives services or products from another department or individual in the same organization.

External Customer

Individuals or entities outside of an organization who use or purchase its products or services.

Good Feelings

A state of emotional positivity, satisfaction, or happiness experienced by individuals or groups.

Employee Assistance Programs

Work-based intervention programs designed to identify and assist employees in resolving personal problems that may negatively impact their job performance, health, or well-being.