What refers to owning or controlling sources of raw materials and components?
A) Backward integration
B) Horizontal integration
C) Encapsulating integration
D) Forward integration
E) Subsuming integration

Question

Quizplus · Accepted Answer

Backward integration refers to owning or controlling sources of raw materials and components, which can provide companies with greater control over their supply chain and potentially decrease costs.

What Refers to Owning or Controlling Sources of Raw Materials