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:

Skin Tones

The natural color of human skin which varies widely among individuals and is often categorized in social terms.

Native Americans

Indigenous peoples of the United States, including numerous tribes, who were the original inhabitants of the land prior to European colonization.

Permanently Enslaved

Refers to individuals who were subjected to slavery with no possibility of freedom, historically applicable in contexts such as chattel slavery.

Indigenous People

Refers to ethnic groups who are the original inhabitants of a given region, maintaining traditions or other aspects of an early culture that is associated with a given area.