|
|
Economies of vertical integration |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Economies of vertical integrationProduced by achieving lower operating costs by owning all components of production and sometimes sales outlets rather than contracting for companies in the outside marketplace.Economies of vertical integration Similar MatchesForward integrationForward integrationAcquisition by a firm of a larger part of its distribution chain, moving it closer to selling directly to its ultimate customers. Economic integrationEconomic integrationSee integration. DisintegrationDisintegrationAnother term for fragmentation. Used by Feenstra (1998). Horizontal integrationHorizontal integrationProduction of different varieties of the same product, or different products at the same level of processing, within a single firm. This may, but need not, take place in subsidiaries in different countries. Backward integrationBackward integrationAcquisition by a firm of its suppliers. Further SuggestionsIntegrationTrade integration Deep integration Vertical integration Shallow integration |
|
|
|