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_____ is when a business buys enterprises at each phase of production

2 Answers

3 votes
I believe that is Vertical Integration.
User Ramadhan
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2 votes

Answer:

Vertical integration, is the right answer.

Step-by-step explanation:

When a company controls more than one platform of the supply chain, it is known as "Vertical integration". It is basically the process through which businesses used to turn a raw product into a final product and supply it to the consumers. This strategy can help businesses reduce costs and increase efficiencies by minimizing transportation charges and reducing the turnaround time, among other assets.

User Jacolack
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