Which of the following types of joint ventures involve parties investing together in downstream business activities?
A) backward integration
B) forward integration
C) multistage
D) buyback

Question

Quizplus · Accepted Answer

Forward integration involves investing together in downstream business activities, such as distribution and sales channels. Backward integration involves investing together in upstream business activities, such as raw material production or sourcing. Multistage joint ventures involve multiple stages of the value chain, and buyback joint ventures involve repurchasing an asset previously sold to another party.

Which of the Following Types of Joint Ventures Involve Parties