Browns Inc., a well-established suitcase brand, started manufacturing its own suitcases. It added new features in its suitcases such as water-resistance and extra storage space. The initiation by Browns Inc. to manufacture its own suitcases best illustrates _________.
A) linked diversification
B) backward integration
C) forward integration
D) assisted development
Correct Answer:
Verified
Q1: Which of the following best illustrates a
Q3: Which of the following statements is a
Q4: Vertical integration can be best defined as
Q5: The process where a firm contracts out
Q6: The sequence of all activities that are
Q7: Yellow Express LLC is a company in
Q8: A supplier that is contracted to create
Q9: Green Solutions Corp. is a washing machine
Q10: In this context of the three Cs
Q11: BHG Corp. is a glass manufacturing company
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