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CaHeK987 [17]
2 years ago
9

Vertically integrated corporations: Group of answer choices led influential economist David A. Wells to call for a simpler form

of economic organization. concentrated on one function in the production process. made it difficult for a few corporations to monopolize an industry. dominated the meat industry.
Business
2 answers:
jok3333 [9.3K]2 years ago
6 0

Answer:

The acquisition of businesses that gives the company control of supply chains is vertical integration.

Explanation:

Vertically incorporated corporations acquires either its customer's business or its supplier's business to have a control of supply chains and distribution channels.

The customer's business acquisition is often referred to as forward integration and the movement of a company to acquire its supplier's business is often referred to as backward integration.

Vadim26 [7]2 years ago
6 0

Answer:

dominated the meat industry.

Explanation:

Both chicken meat (poultry) and pork meat industries are extremely vertically integrated in the US. Companies have tried to vertically integrate the beef industry but they haven't been successful, at least not yet. The most vertically integrated industry is poultry, which is one of the reasons why total output and productivity have continuously increased in the past years. Corporations own basically every stage of the poultry industry starting from breeder flocks, hatchery, grow-out flocks, processing plant, feed mill, transportation, and marketing.

Even though the beef industry is still reluctant to being completely vertically integrated, 85% of all meat produced in the US is produced by only 4 corporations (2013 data) and that percentage should be increasing.

Vertical integration refers to an strategy carried out by a corporation to have larger control over its upstream or downstream supply channels.

  • Vertically integrating the upstream supply channel refers to acquiring vendors, e.g. a car manufacturer acquires a tire manufacturer.
  • Vertically integrating the downstream supply channel refers to acquiring distributors or retail stores, e.g. the same car manufacturer acquiring car dealers.

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13. In a market system, how are the terms of exchange established? a. Consumer advocacy groups establish fair prices for items,
yuradex [85]

The forces underlying supply and demand interact to determine the market price.

<h3><u>Explanation:</u></h3>

The persons involving in the activities of trading comprises the market system. It includes sellers, buyers and others involved in trading process. They also includes the buyers, consumers, producers who are the major players of the market system who determines the economic activity in it.

The supply and demand law is the major determinant of the production of goods and services in a market economy. The natural resources, land, capital and labor are the supplies. The purchasing power of the government, consumers and business are the demands. The forces underlying supply and demand interact to determine the market price.

3 0
3 years ago
You possess a SECRET personnel security clearance and have been assigned to work on Project X. Carlos is your superior and has a
Mice21 [21]

Answer:

No. The classified document should not be shared with Carlos

Explanation:

Based on the information given the classified document should not be shared with Carlos because Carlos is not part of the Project X team and he does not have a "need-to-know" secondlly no one else is supposed to be given automatic access to the Secret document in my possession related to Project X or the classified information solely because the person is my superior or because of the person rank, position or security clearance.

6 0
3 years ago
Choose the correct choice; At the current price level, producers supply $375 billion of final goods and services while consumers
Solnce55 [7]

Answer:

The price level is A) Above equilibrium.

Explanation:

Normally, every economist believe that a lower price attracts a higher demand. This is so when the behaviour of consumers are measured when choosing a product.  Many consumers go for a low priced product or cheaper product over a high priced product or expensive product irrespective of quality, taste or satisfaction derived from consuming them.

Price relating to market or in terms of quantity demanded and quantity supplied is referred to as equilibrium price or equilibrium quantity. When the market price is below equilibrium, quantity supplied of a product will be less than the quantity demanded for it because the price of goods are cheaper. But when price is above equilibrium, quantity supplied will be greater than quantity demanded because the price of goods is high.

7 0
3 years ago
Verify why the farmers' credit union chose to increase Farm B's line of credit but not Farm A's in the following scenario:
Shkiper50 [21]

Answer:

see below

Explanation:

he farmers must have considered the ability to repay back loans when making the decision. The ability of a business to meet its current obligations is expressed by the current ratio.

The current ratio or working capital ratio communicates a firm's ability to repay debts as they become due. The higher the ratio, the better.

the current ratio is calculated as current assets/current liabilities

For Firm A,

current ratio =$150,000/ $125,000.

=1.2

For Firm B,

current ratio =$100,000/$75,000

=1.333

Firm B has a better current ratio than Firm A. Firm B is in a better position to repay loans compared to Firm A.

5 0
3 years ago
Andy, a car
Archy [21]
I don’t really know I just need points
5 0
3 years ago
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