WHAT IS BACKWARD INTEGRATION ?
Answers were Sorted based on User's Feedback
Answer / dkd
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 |
how to say self introduction above 2 mints?
what do u mean by click bank
what do u mean by advertisement
Difference between business rules, performance rule and application design technical rules
What is the difference between public and private limited company?
Why is astute strategic planning a must in today's competitive business world?
how can base price be standardize and why?
A company issues new debentures of Rs.2 million, at par; the net proceeds being Rs.1.8 million. It has a 13.5 per cent rate of interest and 7 years maturity. The company’s tax rate is 52 per cent. What is the cost of debenture issue? What will be the cost in 4 years if the market value of debentures at that time is Rs.2.2 million?
What would you like to accomplish through MBA program?
what are the things need for stating a browsing centre at minimum cost
if you faced any problem being in your past/present organisation as a seo executive please mention how you have solved this problem
What is mean for bussiness administration