Horizontal integration differs from vertical integration in that it

Acombines different businesses involved in all phases of a product’s development.
Bmerges stocks from multiple businesses into a new organization.
Cconsolidates many firms involved in the same business into one giant company.
Drequires investment from a number of people who share ownership in the firm.

Horizontal integration differs from vertical integration in that it consolidates many firms involved in the same business into one giant company (C). Horizontal integration occurs when one company purchases similar companies doing the same things at the same level of production to gain a greater share of the market for that level of production.

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fernadiaz82 fernadiaz82 · Answer 2 · 2019-11-28T03:09:34-05:00

Answer:

The correct answer is the option C: consolidates many firms involved in the same business into one giant company.

Explanation:

Horizontal integration, is the name given in the field of microeconomics and strategic management, to the term that refers to a strategic technique done by many companies whose process has the main purpose of increasing its production of goods at the same part of the supply chain via acquisition or merger. In addition, this type of technique could cause monopoly.