The process through which a manufacturer attempts to gain greater control over inputs in its production process,such as raw materials,is called _____ integration.

Question

Quizplus · Accepted Answer

Backward integration refers to a situation where a company attempts to gain control over its inputs, such as raw materials, by acquiring or merging with suppliers. This helps the company to ensure a reliable supply of inputs and potentially lower costs, as well as providing greater control over the quality of the inputs. Therefore, the best choice is D.

The Process Through Which a Manufacturer Attempts to Gain Greater