Question
When a cattle farmer decides to open their own butchery to sell meat. Which external growth strategy is represented by this?
A.
Backward vertical integration
B.
Forward vertical integration
C.
Related diversification
D.
horizontal integration
E.
Unrelated diversification
A.
Backward vertical integration
B.
Forward vertical integration
C.
Related diversification
D.
horizontal integration
E.
Unrelated diversification
Answers
GPT 3.5
A. Backward vertical integration