In vertical integration, forward integration occurs when a firm:
a.
attempts to achieve economies of scope.
b.
controls the customers for its main products.
c.
owns or controls the inputs it uses.
d.
generates sustainable cost savings.
Answer: b
a.
attempts to achieve economies of scope.
b.
controls the customers for its main products.
c.
owns or controls the inputs it uses.
d.
generates sustainable cost savings.
Answer: b