In ________, the Organisation Attempts to Gain Control of Its

question 42

Multiple Choice

In ________, the organisation attempts to gain control of its inputs by becoming its own supplier.

• A)forward vertical integration
• B)backward vertical integration
• C)horizontal integration
• D)related diversification
• E)unrelated diversification

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Definitions:

Industrial Fiber

Manufactured or natural fibers used extensively in industrial applications due to their physical properties like strength, durability, and flexibility.

Finished Products

Goods that have completed the manufacturing process but have not yet been sold or distributed to the end-user.

Cane Fiber

Fiber derived from the sugarcane plant, used in a variety of applications, including the production of paper and as a raw material in the textile industry.

Molasses

A thick, dark syrup produced during the refining of sugar or from the fermentation of starch, used as a sweetener or in alcohol production.