Assertion (A): Vertical integration is considered as a growth strategy because the firms operations are expanded beyond primary business. Reasoning (R): Vertical integration is the mixed empirical result to ascertain whether the strategy helps or hinders the performances. Codes:

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Assertion (A): Vertical integration is considered as a growth strategy because the firms operations are expanded beyond primary business. <br /> Reasoning (R): Vertical integration is the mixed empirical result to ascertain whether the strategy helps or hinders the performances.<br /> <em>Codes:</em>