Vertical channel integration
a) results in two or more different management teams for each member of the channel.
b) is made possible when a large corporation divests itself of smaller subsidiaries.
c) is a shift back to the conventional channel of distribution.
d) combines institutions at the same level of operation.
e) is made possible by purchasing the operations of a link in the channel.
Answer: e) is made possible by purchasing the operations of a link in the channel.