Examples of companies in forward and backward integration An example of a company’s forward integration is when a company purchases or merges with another company that acts as its distributor. Hence the company get a full control of its distribution …

Give examples of companies that have been involved in forward integration and backward integration Read more »

If it ain’t broke, don’t fix it There is a saying, “If it ain’t broke, don’t fix it.” In view of the firm’s present success in paying bills promptly, should it be encouraged to use a cash budget? Be prepared …

There is a saying, “If it ain’t broke, don’t fix it.” In view of the firm’s present success in paying bills promptly Read more »