Preference

Question: Backward integration is:

  1. a.
    A vertical integration in which a consumer of raw materials acquires its supplies.
  2. b.
    A horizontal integration in which a consumer of raw materials acquires its supplies.
  3. c.
    Ensuring that factory is located near a river at its backward
  4. d.
    Ensuring that factory is pollution free
  5. e.
    Engaging in selling of finished goods through new means.
Answer: a
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