Forward integration and backward integration are sometimes collectively referred to as
A) horizontal integration.
B) diversification.
C) vertical integration.
D) stuck-in-the-middle.
E) hierarchical integration.

Question

Quizplus · Accepted Answer

Forward integration and backward integration are both strategies of vertical integration, where a company expands its operations into different stages of production within the same industry.

Forward Integration and Backward Integration Are Sometimes Collectively Referred to as