Vertical Integration is the term refers to gaining control of the many different businesses that make up all phases of a product's development.
<u>Explanation:</u>
Vertical Integration is the most common business and economics term. This is a strategy that a company can control various stages of the supply chain.
There are 4 phases in the supply chain. They are retail, distribution, manufacturing, and commodities.
The company will integrate the stages vertically while controlling the supply chain. Thus the companies will be integrated by purchasing the suppliers. In order to reduce the price of manufacturing.
Vertical integration has various benefits for companies. They are controlling the process, reducing costs and improving efficiencies.
So that they could make the highest profit
Answer: Ronald Reagan used the slogan, "it’s morning in America".
Explanation: I hope this helps :) You've got this!
Answer:
Cell phone - convenient communication
Industrial robot - reduction of human work-load
Power tool - faster construction
Explanation:
The cell phone one is obvious. Not so obvious is which of the remaining two goes with which. The industrial robot goes with less human work becasue industrial implies a factory, and robot means it is probably replacing humans. The remaining two also make sense together, because power tools do make construction much faster.
Answer:
B but let me know if I'm wrong
