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1 year ago

If a final assembly company wants to expand into the manufacturing industry, it is pursuing a

1 answer:

8 0

If a final assembly company wants to expand into the manufacturing industry, it is pursuing a backward vertical integration.

<h3>What is backward vertical integration?</h3>

Backward integration is when a company buys another company that supplies the products or services needed for production.

Vertically incorporated corporations acquires either its customer's business or its supplier's business to have a control of supply chains and distribution channels.

It is involves acquiring a business operating earlier in the supply chain or wholesale.

Learn more about backward vertical integration here : brainly.com/question/15140268

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