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When a company buys up firms supplying it with raw materials, this is an example of

When a company buys up firms supplying it with raw materials, this is an example of
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Horizontal integration
  • B A holding company
  • C Backward integration
  • D Consortium
  • E Lateral merger
Correct Answer: Option C
Explanation:

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