When a Company Decides to Enter a Line of Business

question 76

Multiple Choice

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

• A)Backward integration
• B)Forward integration
• C)Related diversification
• D)Unrelated diversification

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Definitions:

Input Device

A hardware component used to enter data into a computer system, such as a keyboard, mouse, or scanner.

Desktop PC

A personal computer designed for regular use at a single location on or near a desk due to its size and power requirements.

Mouse

A hand-held pointing device used to control a cursor in a graphical user interface on a computer screen, facilitating smooth navigation, selection, and interaction with digital elements.

RS-232 Port

A standard for serial communication transmission of data that connects computers, terminals, and various peripherals.