Which of the Following Is an Example of Backward Integration

question 72

Multiple Choice

Which of the following is an example of backward integration? 

• A) A manufacturer purchasing wholesalers.
• B) A wholesaler purchasing channel members above it.
• C) A wholesaler purchasing retailers.
• D) A manufacturer purchasing retailers.

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Definitions:

Severity Error

A bias in judgment where someone may overestimate the severity of a situation or condition.

Halo Error

A cognitive bias in which the perception of one positively regarded trait influences the perception of other traits of an individual.

Managing by Objectives

A management strategy in which employees and managers collaborate to set, monitor, and achieve specific objectives.

Transformational Leadership

A style of leadership where a leader works with teams to identify needed change, creating a vision to guide the change through inspiration, and executing the change in tandem with committed members of the group.