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

question 87

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:

Resources

Inputs or factors used in the production of goods and services, typically categorized into labor, capital, land, and entrepreneurship.

Appliance Manufacturer

A company engaged in the design, production, and sale of electrical or mechanical devices for domestic or commercial use.

MRPs

Material Requirements Planning, a production planning, scheduling, and inventory control system used to manage manufacturing processes.

Least-costly Combination

An optimal mix of inputs that minimizes the cost of production while achieving a desired level of output.