When Gallo Purchased a Company That Makes Wine Bottles,it Was

question 59

Multiple Choice

When Gallo purchased a company that makes wine bottles,it was involved in:

• A) horizontal integration.
• B) backward vertical integration.
• C) forward vertical integration.
• D) upward integration.
• E) strategic alliance.

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Definitions:

Management Decisions

Choices and determinations made by the management of an organization concerning its direction, operations, and policies.

Socialist Revolution

A radical overhaul of society aiming at the establishment of socialism, typically involving the redistribution of wealth and the end of private ownership of the means of production.

Supreme Court

The highest judicial body in a country, particularly in the United States, which has the final say in interpreting the constitution and laws.

New Deal Laws

A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States during the 1930s, aimed at restoring prosperity during the Great Depression.