If Digipics Were to Begin Selling the Cameras It Assembled

question 78

Multiple Choice

If Digipics were to begin selling the cameras it assembled directly to customers through a website operated by the company, this would be an example of

• A) backward vertical integration.
• B) a strategic alliance.
• C) forward vertical integration.
• D) opportunism.

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Definitions:

Partnership Debts

Financial obligations or liabilities that are the shared responsibility of all partners within a partnership.

Duty To Serve

An obligation, often seen in utilities and public services, requiring companies to offer services to all customers within a given area, despite the possible financial loss involved.

Limited Liability Partnerships

Limited Liability Partnerships (LLPs) are partnerships in which some or all partners have limited liabilities, meaning they are not personally responsible for the partnership's debts.

Contractual Obligation

An agreement that legally binds two or more parties to specific actions or non-actions.