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Categories >> Business Management >> Business Administration


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 Question Submitted By :: Business-Administration
I also faced this Question!!     Answer Posted By  
# 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
# 2
spliting the thing 
Is This Answer Correct ?    0 Yes 0 No

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For more Business Administration Interview Questions Click Here 

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