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GCSE Business 2020-2022 OCR

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Question:

What are the Types of Integration?

Author: go kys



Answer:

-Horizontal; Business joins with another Business, at the same stage of the Production process [a bakery buys another bakery] -Backwards Vertical is when a Business joins its Supplier -Forwards Vertical is when a Business joins its Distributors -Diversification is when a Business joins another Business in a separate Market [bakery buys a games shop]


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go kys
go kys