Vertical acquisition is also termed as vertical integration.Select one:TrueFalse

Answer

The statement "Vertical acquisition is also termed as vertical integration" is True.

Vertical integration refers to a company's strategy of acquiring or merging with other companies within its supply chain. This can involve either backward integration (acquiring suppliers) or forward integration (acquiring distributors or retailers). Vertical acquisition is a specific instance of vertical integration where a company acquires another that operates at a different level of the supply chain. Both terms are often used interchangeably in business contexts, as they both describe the process of controlling multiple stages of production or distribution within the same industry to increase efficiency, reduce costs, and enhance competitive advantage.

In summary, both terms describe related strategic actions taken by companies to consolidate their operations and streamline processes, thus making the statement true.