What Is a Backward Integration

question 309

Multiple Choice

What is a backward integration?

• A)The integration of a company's existing management information systems.
• B)The integration of data from multiple sources, which provides a unified view of all data.
• C)Sends information entered into a given system automatically to all downstream systems and processes.
• D)Sends information entered into a given system automatically to all upstream systems and processes.

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Definitions:

Merchant

A person or corporation involved in the trade of offering products or services for sale.

UCC

The Uniform Commercial Code comprises a complete framework of rules that dictate the conduct of all commercial transactions within the United States.

Rescission

The termination of a contract.

Contract

A contract that is enforceable by law, involving two or more parties, which specifies their duties and entitlements.