Backward Integration Is Going Backward on an Industry's Value Chain

question 72

True/False

Backward integration is going backward on an industry's value chain.

---

Definitions:

Basic

In chemistry, basic describes substances with a pH greater than 7, possessing the ability to accept protons or donate electrons or hydroxide ions.

Metabolic Reactions

Chemical reactions in living organisms that are necessary for maintaining life, involving anabolism and catabolism.

Chemical Compounds

Chemical compounds are substances consisting of two or more different chemically bonded elements, with a fixed ratio determining the composition.

Surface Tension

The cohesive force at the surface of a fluid that causes it to behave as an elastic sheet, minimizing its surface area.