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:

Professional Training

Professional Training involves educational activities focused on acquiring skills and knowledge necessary for a particular profession.

Psychotherapists

Professionals trained to diagnose and treat mental health disorders through various psychological methods and therapies.

Effectiveness

The degree to which something is successful in producing a desired or intended result.

Regression Toward The Mean

The statistical phenomenon that extreme values in a data set are likely to be followed by more central, less extreme values.