Which of the following statements is true? When a company is involved in more than one activity in the entire value chain, it is vertically integrated II. A vertically integrated company is less dependent on its suppliers than a company that is not vertically integrated M. A disadvantage of vertical integration is that ty pooling demand for parts from a number of companies, a supplier may be in to enjoy economies et scores per quality and lower cost than if every company makes its own parts Murple Choice Only statement is true, O Ony statement is true All of the statements are true None of the statements are true