What is a backward integration?

A. Sending information entered into a given system automatically to all upstream systems and processes.
B. The integration of data from multiple sources, which provides a unified view of all data.
C. Sending information entered into a given system automatically to all downstream systems and processes.
D. The integration of a company's existing management information systems.


Answer: A

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Which of the following statements is true of the economies of Australia and New Zealand?

A) There are restrictions in the free movement of people between the two countries. B) There are trade barriers and border restrictions between the two countries. C) There is a major challenge facing marketers in Australia regarding high marketing costs for distributing goods internationally. D) There has been an increase in the relative wealth of New Zealand due to an increase in prices for agricultural commodities.

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A manufacturer wants to achieve rapid market penetration through a low-price policy. However, the manufacturer's dealers prefer to work with high margins and pursue short-run profitability. The major reason for this conflict is ________

A) goal incompatibility B) unclear roles C) ambiguous rights D) differences in perception E) dependence on the manufacturer

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Many indirect costs in a traditional system become direct costs in a JIT system

Indicate whether the statement is true or false

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According to the text, the most prevalent reason for mergers is: 

A. taxation. B. currency fluctuations. C. economies of scale. D. to combine complementary resources.

Business