O-LevelEconomicsMicroeconomic decision makers2281/11 · May/June 2015 · Q121 Mark

In 2013, a German company that manufactured medicines bought a UK company that ran a chain of pharmacies that sold medicines. What term best describes this takeover?

Aconglomerate

Bhorizontal

Cvertical integration backwards

Dvertical integration forwards

✓ Correct answer

D: vertical integration forwards

Oracle Prep sorts past-paper questions by topic, so you can drill Microeconomic decision makers and see which topics are most likely to come up next.

Topic: Microeconomic decision makers, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2015 Paper 1 Variant 1, question 12.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content