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 |
why are you going to abroad? is not offered any universites and colleges here?
Why Does Stock Prices Fluctuate?
why do you want to join MBA COURSE
What is mean for bussiness administration
How do you plan to (a) strengthen your strength ?
Why did you apply to our company?
tell me about time when you had to present your skills influence someone openion
what is lead time in supply chain management
why u choose iitm for BBA
Hi this is Nitesh an mba student. my question is companies often ask the que. why would u like to join this company? wat should be the answer?
What is "Readjusting goal and Milestone" in Project Management.
what do you mean by HUF in income tax?and what is the tax rate for this in 2009-10?
Business Administration (517)
Marketing Sales (1279)
Banking Finance (3209)
Human Resources (747)
Personnel Management (68)
Hotel Management (29)
Industrial Management (113)
Infrastructure Management (14)
IT Management (97)
Supply Chain Management (16)
Operations Management (39)
Funding (79)
Insurance (494)
Waste Management (1)
Labor Management (48)
Non Technical (73)
Business Management AllOther (546)