Question: 4. An example of backward integration is when: a) a company that produces lumber moves into the manufacture of wood furniture. b) a company that
4. An example of backward integration is when:
a) a company that produces lumber moves into the manufacture of wood furniture.
b) a company that produces wood furniture moves into the production of lumber.
c) a company that produces wood furniture establishes retail outlets
d) a company producing a high-technology computer starts to produce sophisticated software.
e) a company that produces baby food moves into production of other baby products, such as clothing and cribs.
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