Backward integration


 

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Backward integration

Acquisition by a firm of its suppliers.



Similar Matches

Economies of vertical integration

Economies of vertical integration

Produced by achieving lower operating costs by owning all components of production and sometimes sales outlets rather than contracting for companies in the outside marketplace.


Shallow integration

Shallow integration

Reduction or elimination of tariffs, quotas, and other barriers to trade in goods at the border, such as trade-limiting customs procedures. Contrasts with deep integration.


Vertical integration

Vertical integration

Production of different stages of processing of a product within the same firm.


Trade integration

Trade integration

The process of increasing a country's participation in world markets through trade, accomplsihed by trade liberalization.


Forward integration

Forward integration

Acquisition by a firm of a larger part of its distribution chain, moving it closer to selling directly to its ultimate customers.


Further Suggestions

Disintegration
Economic integration
Deep integration
Horizontal integration
Integration


 
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