Question: Which statement best describes forward integration? It arises when a retailer performs some wholesaling and manufacturing activities. It is the process by which a retailer
Which statement best describes forward integration?
It arises when a retailer performs some wholesaling and manufacturing activities.
It is the process by which a retailer removes a manufacturer from its supply chain.
It is the process by which a manufacturer merges with another manufacturer.
It occurs when a manufacturer undertakes retailing and wholesaling activities.
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