Question

Which of the following identifies the main reasons agricultural processors have turned to vertical coordination

and vertical integration?
to improve public relations and reduce costs
to improve quality and reduce pollution
O to improve efficiency and reduce costs
O to improve diversity and reduce waste

Answer 1

The main reasons agricultural processors have turned to vertical coordination and vertical integration are to improve efficiency and reduce costs.

Step-by-step explanation:

The main reasons agricultural processors have turned to vertical coordination and vertical integration are to improve efficiency and reduce costs. By vertically coordinating or integrating, agricultural processors can streamline their operations and eliminate inefficiencies, resulting in cost savings. For example, by vertically integrating, a processor can have more control over its supply chain, reducing transaction costs and potentially improving product quality.

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