8\nthese steps are all performed by a single company.\nwhich of the following best describes the diagram? (1…

8\nthese steps are all performed by a single company.\nwhich of the following best describes the diagram? (1 point)\nhog farms→slaughterhouse and preparing pork→transporting pork products to a national market via refrigerated railroad cars\nhorizontal integration\nvertical integration\n trust company\n holding company

8\nthese steps are all performed by a single company.\nwhich of the following best describes the diagram? (1 point)\nhog farms→slaughterhouse and preparing pork→transporting pork products to a national market via refrigerated railroad cars\nhorizontal integration\nvertical integration\n trust company\n holding company

Answer

Brief Explanations:

Vertical integration occurs when a company controls different stages of the production - distribution process of a product. Here, the company is involved in hog farming (production), slaughtering and preparing pork (processing), and transporting to the market (distribution). Horizontal integration involves combining with competitors at the same stage of production. A trust company is a legal entity for managing assets. A holding company owns other companies' stock to control them.

Answer:

B. vertical integration