Answer:
The answers are Horizontal and Vertical respectively.
Explanation:
Horizontal integration refers to the expansion strategy adopted by the corporations which involves acquisition of one company by another company where both the companies are in the same business line and at same value chain supply level, whereas, Vertical integration refers to the expansion strategy adopted by the corporations where one company acquire another company who is at the different level, usually at the lower level of its value chain supply process.
This is true. Opportunity cost is the next highly-valued option you give up when you make a choice.
Answer:
Albert will not have unlimited liability for either of those transactions since he is a limited partner.