Business Studies, asked by sankynik, 1 year ago

what are forward and backward linkages in industry

Answers

Answered by CoOldUd58

An example of an industry that has excellent forward and backward linkages is the steelindustry. Backward linkagesinclude coal and iron ore mining. Forward linkagesinclude items such as canned goods. ... A better leading sector would be the beerindustry.
hope it helps u

sankynik: yes.That means extractions of raw material is connected with backward linkage and providing it as raw material is linked with forward linkages?

Answered by 11Anchal11

The concept is widely used in industrial and economic geography to portray interfirm independence. A firm's linkages can be divided into-: backward linkage,forward linkage and sideways linkage..

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