Business Growth - Internal and External

When one business buys another business that is further back on the supply chain.

For example, when a business buys one of its suppliers.

• Horizontal Integration

• Backward Vertical Integration

When one business buys another business in the same industry at the same phase of the supply chain.

• Horizontal Integration

• Forward Vertical Integration

When one business buys another business in a completely different industry.

• Horizontal Integration

• Conglomerate Integration

When one business buys another business that brings it closer to the end user.

• Forward Vertical Integration

• Conglomerate Integration

Internal growth can be quite slow

• True

• False