A company that controls market by offering same products as of competitors, considered as?
Correct answer: A. horizontal integration
- A. horizontal integration
- B. vertical integration
- C. diversification
- D. geographic expansionDownload Reference Apps
Explanation
Horizontal integration occurs when a company expands by controlling or combining with businesses operating at the same level and offering similar products. Vertical integration instead links different stages, such as suppliers and distributors.
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About Principles of Management
Management principles explain how organisations set objectives and coordinate people and resources to achieve them. Coverage includes planning, organising, staffing, directing, coordinating and controlling, along with authority, responsibility, delegation, span of control and the levels of management. These functions are related but not interchangeable, especially planning and controlling.
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