If a shirt manufacturer acquires a textile manufacturer,this strategy is called:

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Backward vertical integration refers to a company acquiring a supplier or manufacturer of inputs, such as raw materials or components. In this case, the shirt manufacturer is acquiring the textile manufacturer, which is one of its suppliers. This enables the shirt manufacturer to have more control over its supply chain and potentially reduce costs, thus making backward vertical integration an appropriate strategy. Diversification involves expanding a company's product or service offerings into new markets or industries. Joint venture is a business agreement between two or more companies to work together on a specific project or business venture. Horizontal acquisition refers to a company acquiring a competitor in the same industry or market. None of these options accurately describe the scenario presented.

If a Shirt Manufacturer Acquires a Textile Manufacturer,this Strategy Is