Question

vertical mergers are those in which the participants are​

Answer 1

Answer:

in different phases of the value chai

Answer 2

Concept introduction:

Functional structure is a situation in which a firm's supply chain is integrated and owned by that organization. It is a concept that is used in cost accounting, leadership, and international order. Typically, each link in the supply chain creates a unique good or service, which when combined, meets a need.

Explanation:

We have to answer the question.

A question has been given to us.

vertical mergers are those in which the participants are​ in different phases of the value chain.

Final answer:

Hence, the correct answer of the question is -> vertical mergers are those in which the participants are​ in different phases of the value chain.

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