Which of the following is an example of vertical integration? select one: a. purchasing competitors b. purchasing suppliers c. informally agreeing on prices d. buying stock in competing companies

B. Purchasing suppliers is the correct answer.

Explanation:

The strategy by which a company controls its suppliers, retail locations and distributors to control its supply chain or value is known as vertical integration. It helps companies to control the process, make it efficient and reduce costs. Its main disadvantage is that a significant amount  of investment is required for it.  

Netflix is an example of vertical integration. It started as a DVD rental company and later shifted to original content creation. Today it uses it distribution model to promote its content alongside the films from major studios.

when world war i broke out across europe in 1914, president woodrow wilson proclaimed the united states would remain neutral, and many americans supported this policy of nonintervention. however, public opinion about neutrality started to change after the sinking of the british ocean liner lusitania by a german u-boat in 1915; almost 2,000 people perished, including 128 americans. along with news of the zimmerman telegram threatening an alliance between germany and mexico, wilson asked congress for a declaration of war against germany. the u.s. officially entered the conflict on april 6, 1917.