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A Car Manufacturer Controls Its Own System of Dealerships to Ensure

question 7

True/False

A car manufacturer controls its own system of dealerships to ensure retail outlets for its products.This is an example of backward integration.


Definitions:

Arrangement

The act of organizing or placing things in a particular order.

Transformation

A significant or radical transformation in looks or structure.

Heuristic

A simplified approach or method used to solve complex problems more quickly than conventional methods.

Guiding Principle

Fundamental norms, rules, or values that represent what is desirable and positive for a person, group, organization, or community, and help it in its decision making.

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