Apple Used to Be in the Business of Manufacturing Only

question 66

Multiple Choice

Apple used to be in the business of manufacturing only, but then it opened Apple stores.This is an example of which of the following?

• A) revenue sharing
• B) forward integration
• C) franchising
• D) backward integration

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Definitions:

Moral Development

The process through which individuals develop proper attitudes and behaviors toward other people in society, based on social and cultural norms, laws, and personal beliefs.

Cognitive Development

involves the mental processes related to acquiring knowledge and comprehension, including thinking, knowing, remembering, and problem-solving.

Social Development

The process by which individuals learn the values, norms, and behaviors required to interact effectively within their society.

Conventional

Reflecting or pertaining to societal norms, standards, or attitudes that are widely accepted and practised.