Market Integration

Front

What is market integration?

Back

The connection and interaction of different markets

Front

Which type of market integration occurs when a company acquires another business at the same level of production?

Back

Horizontal Integration

Front

What do you call it when a company controls different stages of production, such as raw materials, manufacturing, and distribution?

Back

Vertical Integration

Front

How does market integration affect product prices?

Back

Price differences between markets are reduced or balanced.

Front

What is the main goal of market integration?

Back

To facilitate the exchange of goods and services across markets

Front

Which type of market integration connects financial markets, making capital flow smoothly between them?

Back

Financial Market Integration

Front

When a supermarket chain acquires another supermarket, what type of market integration is this?

Back

Horizontal Integration

Front

What is one disadvantage of market integration?

Back

It leads to a decrease in competition

Front

Which of the following best describes an example of vertical integration? A car manufacturer buying a steel supplier, A mobile phone company merging with another mobile phone company, A company reducing its product prices, A store opening multiple branches

Back

A car manufacturer buying a steel supplier

Front

How can market integration benefit consumers?

Back

It provides more choices and competitive prices