Question: What is the major difference between vertical integration and outsourcing? a . Vertical integration is usually limited to services, where as outsourcing usually deals with

What is the major difference between vertical integration and outsourcing?
a.
Vertical integration is usually limited to services, where as outsourcing usually deals with production of goods.
b.
Outsourcing uses external suppliers to perform some production/service functions while production/service functions through vertical integration are strictly in-house.
c.
Vertical integration is ownership of a part of the supply chain, outsourcing has no ownership.
d.
Outsourcing is a long term operations strategy where vertical integration is short term.
e.
Outsourcing is ownership of a part of the supply chain, vertical integration has no ownership.

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