Which of the Following Is an Example of FORWARD Integration

question 39

Multiple Choice

Which of the following is an example of FORWARD integration?

• A) a food processing company's decision to enter into long term supply contracts with farmers.
• B) a group of farmers decision to form a cooperative to build and operate a roadside market to sell fresh produce.
• C) an auto manufacturer deciding to purchase interior door panels from suppliers rather than manufacturer them internally.
• D) the decision by the owner of a sawmill to buy a large woodlot adjacent to the mill.

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Definitions:

Supportive Community

A group of individuals who provide encouragement, help, and a sense of belonging to each other, often sharing similar interests or facing common challenges.

Businesses

Businesses are organizational entities involved in the provision of goods and services to consumers in exchange for payment.

Print Ads

Advertising that appears in printed media, such as newspapers and magazines, aiming to inform, persuade, or remind consumers about products or services.

International Business

Commercial transactions that occur across national borders, involving the exchange of goods, services, technology, and capital.