--%>

Contrast a vertically integrated firm

Contrast a vertically integrated firm, a horizontally integrated firm, and a conglomerate?

E

Expert

Verified

A vertically integrated firm contains plants that are involved in various stages of the production process.  A horizontally integrated firm contains plants that are involved in the same function of business.  A conglomerate firm has plants that are producing products in several industries.

   Related Questions in Business Economics

  • Q : Illustrate the term Economic Rationale

    Illustrate the term Economic Rationale?

  • Q : Case study plz find the attachment and

    plz find the attachment and dont compromise on quality,, no similarity n need to be done according to requierment...

  • Q : New firms entry in industry What

    What persuades new firms to enter in an industry? Answer: Abnormal profit encourages new firms to enter an industry. 

  • Q : Who define economics as a subset of

    Economists who viewed economics like a subset of jurisprudence combined: (1) John Stuart Mill. (2) Alfred Marshall. (3) Karl Marx. (4) William Stanley Jevons. (5) Adam Smith. Hey friends please give your opinion fo

  • Q : Illustrations of opportunity costs

    Illustrations of opportunity costs which you might or will have incurred would comprise: (i) severe injuries suffered within an accident since you failed to buckle up. (ii) the income you could earn when you were not in school. (iii) time spent studyi

  • Q : Illustrate the Comparative advantage

    Illustrate the Comparative advantage and terms of trade?

  • Q : Exchange and Specialization I have a

    I have a problem in economics on Exchange and Specialization. Please help me in getting the right answer from the following question. Sarah the wheat farmer would be most probable to trade for fruit from the Kathy's orchard if: (i) Sarah's opportunity

  • Q : Individuals self-interests and broader

    A natural harmony among individuals serving their own self-interests and the broader interests of society was the main theme of the theories of __________, although this concept was not accepted through _________. Determine the correct answer from given options: (w) K

  • Q : Summary of what can cause a decrease in

    Illustrate a summary of what can cause a decrease in demand?

  • Q : Illustrate 2nd function to promote and

    Illustrate the 2nd function to promote and maintain competition?