A fish and seafood restaurant buying a catfish farm is an example of:

Name: A fish and seafood restaurant buying a catfish farm is an example of:
Brand: Quizplus
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Question

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Backward integration occurs when a company acquires another company that supplies the input to its production process. In this case, the fish and seafood restaurant buying a catfish farm is an example of backward integration because the restaurant is acquiring a supplier (the catfish farm) to secure its supply of catfish, which is an input to its offerings.

A Fish and Seafood Restaurant Buying a Catfish Farm Is