What is a backward integration?
A) The integration of a company's existing management information systems
B) The integration of data from multiple sources, which provides a unified view of all data
C) Sending information entered into a given system automatically to all downstream systems and processes
D) Sending information entered into a given system automatically to all upstream systems and processes

Question

Quizplus · Accepted Answer

Backward integration refers to a company acquiring or merging with suppliers upstream in its supply chain, effectively controlling or owning the inputs to its production processes. This is akin to sending information or materials from the point of entry in a system to all upstream processes, which in a business context means controlling the supply of raw materials or components.

What Is a Backward Integration