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 Business Administration interview questions  Business Administration Interview Questions (413)
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Question
WHAT IS BACKWARD INTEGRATION ?
 Question Submitted By :: Business-Administration
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
Backward Integration is a strategy employed to expand
profits and gain greater control over production of a
product whereby a company will purchase or build a business
that will increase its own supply capability or lessen its
cost of production. For example, a clothing manufacturer may
purchase one of its suppliers of fabrics to lessen the cost
of raw materials and have more control over the delivery
schedules of the finished product.
 
Is This Answer Correct ?    5 Yes 0 No
Dkd
 
Answer
# 2
spliting the thing 
Is This Answer Correct ?    0 Yes 0 No
Srinath
 
 
 

 
 
 
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