CFA Practice Question

There are 86 practice questions for this study session.

CFA Practice Question

A steel manufacturer purchasing an iron ore mining company is an example of ______ and a big grocery store purchasing a local farm is an example of ______.
A. forward integration; forward integration.
B. backward integration, forward integration.
C. backward integration, backward integration.
Explanation: They are both examples of backward integration.

User Contributed Comments 1

User Comment
mghebrey backward integration as both are suppliers (down the supply chain)
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