Question

What is Vertical Expansion? Explain.

Answer 1

Answer:

Vertical expansion is when a company moves to perform a service or produce a good on a few different parts of the supply chain. The supply chain is series of steps to produce a good or service. For example, the supply chain for the widget industry is: Companies source the raw materials needed for the widget.

Answer 2

Answer:

Vertical expansion is when a company moves to perform a service or produce a good on a few different parts of the supply chain. The supply chain is series of steps to produce a good or service. ... The finished goods are sold either directly to the customers or through wholesalers.

Explanation:

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