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.


Economic integration

Economic integration

See integration.


Disintegration

Disintegration

Another term for fragmentation. Used by Feenstra (1998).


Trade integration

Trade integration

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


Integration

Integration

Economic integration refers to reducing barriers among countries to transactions and to movements of goods, capital, and labor, including harmonization of laws, regulations, and standards. Common forms include FTAs, customs unions, and common markets. Sometimes classified as shallow integration vs. deep integration.


Further Suggestions

Shallow integration
Deep integration
Horizontal integration
Forward integration
Vertical integration


 
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