What Is a Backward Integration

question 58

Multiple Choice

What is a backward integration?

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

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Definitions:

Exemption Clause

A contractual term that limits or excludes one party's liability for certain breaches or situations.

Sale of Goods Act

Legislation governing the sale of goods, providing rights to buyers and obligations to sellers, focusing on elements like product conformity and transactional fairness.

Fundamental Breach

A breach of a fundamental aspect of the contract that is not covered by an exclusion clause; a breach that goes to the very root of the contract.

Risk of Loss

A term referring to the responsibility for damage or destruction of goods, typically discussed in contracts or insurance contexts to determine who bears the financial burden when property is damaged.