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

A. Both (A) and (R) are true and (R) is the correct explanation of (A)

B. Both (A) and (R) are ture, but (R) is not the correct explanation of (A)

C. (A) is true, but (R) is false

D. (R) is true, but (A) is false

Answer: Option B