The advantage of regional intergration is that it makes different regions to access the information from different parts
Economic integration has both advantages and disadvantages. Some of the disadvantages are trade barriers and the degree of control that member countries will be forced to relinquish.
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An advantage of backwards vertical integration would be that the profit of the supplier is absorbed by the expanded business.
Lateral integration is more commonly known as horizontals integration. An advantage is that employees will likely experience greater freedom and autonomy, boosting morale. A disadvantage is that sometimes a lack of authority comes along with the same decentralized organization.
The disadvantages arising directly from the establishment of the CSME infrastructure which would influence the distribution of gains from market and economic integration, prior disadvantages e.g. Size. Potential disadvantages which may arise from the vulnerability of the economies of specific countries.
advantages: 1. clear authority and responsibility 2. improved communication 3. high level of integration disadvantages: 1. project isolation 2. duplication of effort
For example: land line telephones are very simple, reliable and inexpensive devices, while computers and internet connections are not.
INTEGRATION
Advantages are global influences, a stategic alliance and regional growth opportunities. Disadvatages is possible threats to regional integration and development.
Advantages- An employee is managed by one person- Good for organizations with little competition (such as governments)Disadvantages- Slow production- Weak integration in the final productSource: http://www.pmhut.com/organization-structures-in-project-management
Tapered integration is partial integration and not full vertical integration. Therefore tapered integration is when a firm both makes and buys similar products or services.
integration