What Term Is Used for a Situation in Which a Company

question 26

Multiple Choice

What term is used for a situation in which a company develops into activities concerned with the inputs into the company's business?

• A) Unrelated diversification
• B) Backward integration
• C) Backward integration.
• D) Synergy

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Definitions:

Group Development

The process through which a group evolves over time, typically moving through stages from forming to performing, with the aim of achieving effectiveness and cohesion.

Settlement Houses

Community centers located in urban areas that provide various services such as education and housing assistance, primarily to the poor.

Hull House

A settlement house founded by Jane Addams and Ellen Gates Starr in 1889 in Chicago, aimed at improving the lives of the immigrant poor.

Ad Hoc Committee

A temporary committee formed for a specific task or objective and dissolved after the completion of that task.