Answered: How may the differences between…

Database System Concepts

7th Edition

ISBN:9780078022159

Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Chapter1: Introduction

Section: Chapter Questions

Problem 1PE

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How may the differences between backward integration and forward integration be shown via examples?

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Step 1

Every firm is a part of a value system, a network of suppliers, customers, and other businesses that collaborate to provide goods and services to consumers.

Vertical integration, or integrating with other businesses at various stages of the same manufacturing route, such as manufacturers and distributors, includes both forward and backward integration.

Backward integration is when a firm acquires or merges with a supplier or manufacturer, whereas forward integration is when a company buys or merges with a distributor or retailer.

The main distinction between forward and reverse integration is this.

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