Answered

At Westonci.ca, we make it easy to get the answers you need from a community of informed and experienced contributors. Discover a wealth of knowledge from experts across different disciplines on our comprehensive Q&A platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

A hot dog vendor decides he will also sell hamburgers and tacos. This is an example of which of the following?

A. Vertical integration
B. A commodity chain
C. Horizontal integration
D. Brand identification
E. An economic periphery

Sagot :

GinnyAnswer

Final answer:

Horizontal integration involves expanding into similar production activities, while vertical integration is moving into different stages of the value chain.


Explanation:

Horizontal integration is when a company expands into similar kinds of production activities or increases the volume of current production activities. It involves acquiring or merging with a competitor in the same industry to broaden the product offerings.

Vertical integration, on the other hand, occurs when a firm expands into a different stage of the value chain in which it already operates. This could be moving either upstream or downstream in the production process.

In this scenario, the hot dog vendor adding hamburgers and tacos demonstrates horizontal integration as they are expanding their product line with similar food items.


Learn more about Integration of business activities here:

https://brainly.com/question/32659013


Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. We appreciate your time. Please come back anytime for the latest information and answers to your questions. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.