In __________________, Companies Merge Operations Back Up the Supply Chain

question 91

Multiple Choice

In __________________, companies merge operations back up the supply chain away from the consumer.

• A) Production orientation
• B) Selling orientation
• C) Marketing orientation
• D) Backward integration
• E) Forward integration

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Definitions:

Imported Goods

Items brought into a country from another country for sale or use.

State Tariffs

Taxes imposed by state governments on imported goods, which were once a source of revenue and economic policy before being predominantly managed at the federal level in the United States.

Shays's Rebellion

An armed uprising in 1786-1787 in western Massachusetts, led by Daniel Shays, protesting against economic injustices and lack of government response, highlighting the weaknesses of the Articles of Confederation.

Spirit of Liberty

A principle or sentiment that champions freedom and the rights of individuals as paramount, often associated with democratic ideals and patriotic expressions.