Backward Integration Involves

question 33

Multiple Choice

Backward integration involves

• A)performing industry value chain activities previously performed by suppliers or other companies engaged in earlier stages of the value chain.
• B)linking with businesses within the array of value chain activities to eliminate competition and broaden the product offering.
• C)capitalizing on company's underutilized managerial capabilities for achieving greater synergistic cost advantages.
• D)reducing the opportunity for achieving greater product differentiation.
• E)developing new skills and business capabilities.

---

Definitions:

Private Speech

Verbal communication that individuals have with themselves, typically used for self-guidance or problem-solving.

Socially Withdrawn

Describes individuals who prefer to avoid social interactions or feel uncomfortable participating in social activities.

Collaborative Tasks

Activities or projects undertaken by two or more individuals or groups working together towards a common goal.

Current Level Of Understanding

Refers to the present degree or extent of knowledge or comprehension an individual has on a specific topic.