"above statement describes how a company's control over several or all of the production and/or distribution steps involved in the creation of its product or service,"
Integration.
"Is" is not the best definition of sublime.
The technique through which we determine horizental and vertical measurement and then draw it on the graph
which of the following is the best definition of niche apex
LOCK OUT TAG OUT WHAT is the best definition of an authorized worker?
vertical
backward integration is a form of vertical integration in which firm's control of its inputs or supplies. forward integration is a form of vertical integration in which firm's control of its distribution.
me
The idea of vertical integration was introduced by Andrew Carnegie.
A vertical mill is the same as an vertical integration mill. It is built vertical, not horizontal.
Virtual Integration is to have control on the departments or businesses in the chain without owning them.where, Vertical Integration is like owning the departments or businesses in the chain.
A company may buy out it's supplier in a form of vertical integration.
get the answer
1989
Vertical Integration is owning a section of a business and horizontal integration is owning all businesses in a certain field.
An advantage of backwards vertical integration would be that the profit of the supplier is absorbed by the expanded business.
Forward integration is when a business integrates with a firm it sells to.