Tim Hortons Operates Its Own Coffee-Roasting Facilities

question 85

Multiple Choice

Tim Hortons operates its own coffee-roasting facilities. This illustrates:

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

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Definitions:

Restrictive Policy

A policy that limits or restricts certain actions, typically implemented to control financial practices or prevent excessive risk-taking.

Inventory

The total amount of goods and materials held by a company intended for sale or used in the production of goods sold.

Optimal Current Asset Holdings

Refers to the ideal mix of cash and other current assets a company maintains to meet its operational and investment needs effectively and efficiently.

Flexible Policy

A strategy or approach that can be adjusted easily in response to changing circumstances, often applied in economic or business contexts.