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Economics · Oct / Nov 2018 · Paper 12 · Question 13

2281Firms

A film production company purchases a group of cinemas. Of what is this an example?

  1. Abackward vertical integration
  2. Bconglomerate merger
  3. Cforward vertical integration
  4. Dhorizontal integration

As printed in the paper

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Correct answer: C. forward vertical integration

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