In ________, the Organization Gains Control of Its Outputs by Becoming

question 94

Multiple Choice

In ________, the organization gains control of its outputs by becoming its own distributor.

• A) backward horizontal integration
• B) backward vertical integration
• C) forward vertical integration
• D) forward horizontal integration

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Definitions:

Public Savings

The difference between government revenue and government spending, representing a net saving or borrowing position.

Borrowing

The act of receiving something with the intention to return it or its equivalent, often referring to receiving funds from a lender under the condition of repaying it with interest.

Investing

Allocating resources, usually money, with the expectation of generating an income or profit.

Saving

The act of setting aside a portion of current income for future use, typically in a secure form such as a bank account or investment, to meet long-term goals or emergencies.