Backward Integration Occurs When a Company

question 91

Multiple Choice

Backward integration occurs when a company:

• A) produces its own inputs.
• B) owns its own source of distribution of outputs.
• C) is concentrated in a single industry.
• D) is divesting unrelated businesses.

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Definitions:

Support Program

A structured set of services designed to provide assistance and resources to individuals to address specific needs.

Integrated Health Care System

A coordinated approach to healthcare that aligns medical, behavioral, and supportive services to more effectively address the full range of patient needs.

Community Clinic

A local healthcare facility that provides medical services to the population in its surrounding area, often focusing on primary care.

Chronic Illness

Sickness that lasts for an extended period, usually longer than 6 months.