Multiple Choice
Which of the following is an example of backward vertical integration?
A) A stratup company created by an entrepreneur enters an industry
B) A supplier firm chooses to enter its customers' business
C) A foreign firm plans to enter a new geographic area
D) A buyer firm decides to enter its supplier's business
E) A local firm diversifies itself by entering a new industry
Correct Answer:
Verified
Correct Answer:
Verified
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