When a Company Decides to Enter a Line of Business

question 47

Multiple Choice

When a company decides to enter a line of business that is farther away from its final company,what type of growth strategy is this called?

• A)Backward Integration
• B)Forward Integration
• C)Turnaround Strategy
• D)Stability

---

Definitions:

Stressful Situations

Circumstances or events that create psychological or emotional stress, challenging an individual's ability to cope.

Faith Help

Support or assistance derived from religious beliefs or spiritual faith.

Strict Confidence

A high level of privacy and secrecy, where information is shared with a very limited number of people who are obligated not to disclose it further.

Suicidal Thinking

The consideration or planning of ending one's own life. Thoughts can vary in intensity and are a serious symptom of mental health distress.