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1) Name the term used when a company holds multiple positions on a supply chain

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User Prms
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6 votes

Answer:

vertical integration

Step-by-step explanation:

Vertical integration takes place when a company expands its supply chain either up or down. Upstream supply chain refers to a company's suppliers, e.g. a meat processing company that starts to buy cattle ranches would be vertically integrating its upstream supply chain. A company that opens retail stores would be vertically integrating its downstream supply chain.

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