I think it is your mama
A monopoly employing horizontal integration means what?
vertical
Horizontal integration is the merging or takeover of a company that is in the same market and at the same stage of the supply chain.
horizontal integration
Vertical Integration is owning a section of a business and horizontal integration is owning all businesses in a certain field.
Vertical - Expansion of a business by buying out suppliers of commodities (required to create your product)Horizontal - Expansion of a business by buying out competition (who create a similar product)
Vertical integration and horizontal integration :D
cartels, monopolies, trust, and horizontal and vertical integration all share the goal of
Horizontal Integration : When a company decides to expand horizontally i.e within its current line of business then it is called horizontal integration. For eg. pepsi when it got into snacks it can be called a horizontal integration.Vertical integration: When a firm covers all activity of supply chain then it can be called as vertically integrated. Eg. if a paper manufacturing industry goes into plantation of woods and other activities involved with production raw material (wood) it can be called a vertical integration.
Horizontal Integration : When a company decides to expand horizontally i.e within its current line of business then it is called horizontal integration. For eg. pepsi when it got into snacks it can be called a horizontal integration.Vertical integration: When a firm covers all activity of supply chain then it can be called as vertically integrated. Eg. if a paper manufacturing industry goes into plantation of woods and other activities involved with production raw material (wood) it can be called a vertical integration.
cartels, monopolies, trust, and horizontal and vertical integration all share the goal of
cartels, monopolies, trust, and horizontal and vertical integration all share the goal of