O-LevelEconomicsMicroeconomic decision makers2281/12 · Oct/Nov 2014 · Q121 Mark

A large tyre manufacturer expands by taking over a rubber plantation. Of what is this an example?

Abackward vertical integration

Bdiversifying integration

Cforward vertical integration

Dhorizontal integration

✓ Correct answer

A: backward vertical integration

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Topic: Microeconomic decision makers, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, Oct/Nov 2014 Paper 1 Variant 2, question 12.

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