When a company buys up firms supplying it with raw materials, this is an example...
COMMERCE
WAEC 1996
When a company buys up firms supplying it with raw materials, this is an example of
- A. horizontal integration
- B. a holding company
- C. backward integration
- D. consortium
Correct Answer: C. backward integration
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *