When aluminum manufacturer Alcan purchased a mining company that mines bauxite,a key input in aluminum production,it was pursuing which corporate strategy?

Question

Quizplus · Accepted Answer

Backward vertical integration involves a company acquiring a supplier or inputs for its production process. Alcan's purchase of a bauxite mining company fits this strategy as bauxite is a key input in aluminum production.

When Aluminum Manufacturer Alcan Purchased a Mining Company That Mines