Title English:
vertical integration
Definition English:
When a company expands its business into areas that are at different points on the same production path, such as when a manufacturer owns its supplier and/or distributor. Vertical integration can help companies reduce costs and improve efficiency by decreasing transportation expenses and reducing turnaround time, among other advantages. However, sometimes it is more effective for a company to rely on the expertise and economies of scale of other vendors rather than be vertically integrated.
Title Arabic:
تكامل عمودي
Synonym Arabic:
تكامل رأسي
Domain:
Miscellaneous
Subject:
None
InformationType:
Term
SourceSymbol:
language staff
Link: