A Backward Vertical Integration Occurs When a Company Expands into a New

question 99

Multiple Choice

A backward vertical integration occurs when a company expands into a new industry ________.

• A) that helps create a competitive advantage
• B) that produces inputs for the company's products
• C) that is not related to the current business in any way
• D) that uses or distributes the company's products

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Definitions:

American Paradox

The contradiction of the existence of slavery and inequality in a country founded on the principles of freedom and equality.

Edmund Morgan

An American historian known for his work on early American history, particularly in relation to slavery and colonial life.

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A military unit formed during the American Revolutionary War, consisting of escaped slaves who fought for the British in exchange for their freedom.

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A representative appointed by a monarch to govern a colony, territory, or province in the monarch's name.