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What are the strategic disadvantages of a backward vertical integration strategy?
Estimated Cost
An approximation of the cost or expenditure associated with an activity, project, product, or service, made in the absence of precise information.
Gross Profit Ratio
A financial metric expressing the gross profit as a percentage of net sales, indicating the efficiency of production or service delivery.
Inventory Destroyed
Refers to stock items that have been damaged, expired, or cannot be sold, leading to a loss for the business.
Typical Gross Profit
The average gross profit a company makes after subtracting the cost of goods sold from its net sales.
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