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Which is vertical integration and which is diversification? match the following terms with the sentences.

a. diversification

b. vertical integration

Delta Airlines buys Trainer, a fuel refinery.

Hershey Chocolate buys Krave Beef Jerkey

Operating simultaneously in multiple industries or markets

The focus firm incorporates additional steps of its value chains into its company boundaries

Google, a company first known for an internet search engine, buys Slide, a third-party Facebook app developer

Dunkin' Brands, owner of Dunkin' Donuts, buys Baskin-Robbins Ice Cream.

Hilo's Seafood Restaurant in Hawaii purchases a local fishing company

Operation Management, Management Studies

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