Examlex
Which of the following was a factor in triggering the passage of the Pure Food and Drug Act:
Market Share
The portion of a market controlled by a particular company or product, usually expressed as a percentage of total sales in that market.
Postponement
A strategy where the final assembly or customization of a product is delayed until the latest possible time to reduce inventory costs and respond to customer demand more precisely.
Backward Integration
A type of vertical integration where a company expands its role to fulfill tasks formerly completed by businesses up the supply chain.
Horizontal Integration
A strategy where a company acquires or merges with other companies at the same level of the supply chain in the same or different industries, to increase market share or product offerings.
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