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When A Company Buys Up Firms Supplying It With Raw Materials, This Is An Example Of? - Erudites Academy

When a company buys up firms supplying it with raw materials, this is an example of?

by | Jul 23 | Commerce WAEC | 0 comments

A. horizontal integration
B. a holding company
C. backward integration
D. consortium
E. lateral merger

Correct Answer:

Option C – backward integration

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