In ________ Integration, the Organization Gains Control of Its Outputs

question 22

Multiple Choice

In ________ integration, the organization gains control of its outputs by becoming its own distributor.

• A) diversified
• B) concentrated
• C) backward vertical
• D) forward vertical

---

Definitions:

Patent and Copyright Laws

Legal provisions that grant creators exclusive rights to their inventions and works for a specified period, encouraging innovation and creative production.

Strategic Interactions

Decisions made in an environment where the outcomes depend on the actions of both the decision maker and their opponents or partners.

Markets

Platforms or systems where buyers and sellers come together to exchange goods, services, or securities.

Prisoners' Dilemma

A scenario in game theory where two individuals acting in their self-interest do not produce the optimal outcome.