Which of the Following Is an Example of Backward Integration

question 45

Multiple Choice

Which of the following is an example of backward integration?

• A)A coffee producer acquiring a chain of coffee shops
• B)A car dealer acquiring an automobile spare parts manufacturer
• C)A cigarette manufacturer buying a convenience store
• D)A fleece fabric manufacturer buying a maker of winter clothing

Grasp the concept of employment stability policies and their impact on labor management.

Know the objectives of human resource strategies in effectively utilizing labor and designing jobs.

Differentiate between job enlargement and job enrichment in terms of responsibilities and outcomes.

Understand how maintaining a stable workforce affects wage policies in comparison to demand-driven employment.

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Definitions:

Lifestyle

A way of living that reflects an individual's attitudes, values, and priorities.

Advertising Campaign

An advertising campaign is a series of coordinated promotional efforts over a period, designed to achieve specific goals such as increasing brand awareness or sales.

Exchange

The process of giving one thing and receiving another in return, usually in the context of goods, services, or information.

Marketing

The process of exploring, creating, and delivering value to satisfy the needs of a target market at a profit.