What method incorporates different sectors of the economy into the business?

The correct answer is integration. This method involves bringing together different sectors of the economy or parts of the supply chain into a single business operation. Integration can take on various forms, such as horizontal integration, where a company acquires or merges with competitors in the same industry, or vertical integration, where a company either takes control of its suppliers or its distribution channels.

By incorporating different sectors, a business can achieve greater control over its operations, reduce costs, increase efficiencies, and potentially enhance its market position. Integration helps to streamline processes and often leads to the consolidation of resources, which can result in improved product offerings or more reliable supply chains.

In contrast, segmentation refers to the process of dividing a market into distinct groups with common needs or characteristics, which relates to target marketing rather than integrating different sectors. Diversification involves expanding into new products or markets, which, while beneficial for growth, does not directly address the integration of different sectors. Outsourcing refers to the practice of obtaining goods or services from external sources instead of producing them in-house, focusing more on cost efficiency than on sector integration.