________ is a corporate-level strategy in which a company expands its business operations into a new industry that produces inputs for the company's products.
A)Forward vertical integration
B)Forward horizontal integration
C)Unrelated diversification
D)Backward horizontal integration
E)Backward vertical integration

Question

Quizplus · Accepted Answer

Backward vertical integration is when a company expands its operations into an industry that produces inputs for its products, effectively moving upstream in the supply chain.

________ Is a Corporate-Level Strategy in Which a Company Expands