Management contracting consists of one company joining forces with foreign investors to create a local business in which they share possession and control

Some consumers flaunt their wealth by buying expensive products and brands that others will notice. Such behavior is referred to as "luxury badging."

Indicate whether the statement is true or false

In forward vertical integration, a company becomes its own ________, while in backward vertical integration, the company is its own ________

A) supplier; distributor B) supplier; customer C) distributor; monitor D) distributor; supplier