When companies can make a clear case for the value of vertical integration — for example, to address supply or demand risks — and have the capabilities to pursue it, vertical integration can help a company reduce costs, improve efficiency and have more control over its supply chain. When ex...
Sample translated sentence: The OECD WPIIS definition of the sector represents a vertical integration of both manufacturing and services industries ↔ 经合发组织信息社会指标工作队对该部门的定义代表着制造业和服务业的纵向一体化(经合发组织 # 年)。 vertical integration noun...
4. (Economics) economics of or relating to associated or consecutive, though not identical, stages of industrial activity: vertical integration; vertical amalgamation. 5. of or relating to the vertex 6. (Anatomy) anatomy of, relating to, or situated at the top of the head (vertex) n 7....
Define vertical integration. vertical integration synonyms, vertical integration pronunciation, vertical integration translation, English dictionary definition of vertical integration. The merging of companies that are within the chain of companies that
Both markets and integration have their virtues, and policymakers must account for the costs and benefits of both.doi:10.1016/j.tej.2004.11.001Michaels, Robert JElsevierThe Electricity JournalMichaels, Robert J. "Vertical integration: the economics that electricity forgot." The Electricity Journal, ...
In subject area:Economics, Econometrics and Finance Vertical integration is the process in which several steps in the production and/or distribution of a product or service are controlled by a single company or entity in order to increase its power in the market. ...
Law and Economics of Vertical Integration and Control focuses on the processes, methodologies, and approaches involved in the law and economics of vertical integration and control. The publication first elaborates on transaction costs, fixed proportions and contractual alternatives, and variable proportions...
of or relating to associated or consecutive, though not identical, stages of industrial activity: vertical integration, vertical amalgamation of or relating to the vertex of, relating to, or situated at the top of the head (vertex) n a vertical plane, position, or line a vertical post, pil...
Definition Vertical integration is a business strategy in which a company controls multiple stages of its production process and supply chain, minimizing or eliminating the need for outside entities. By merging various stages of the production processes and supply chain into its own operations, a com...
4. (Economics) economics of or relating to associated or consecutive, though not identical, stages of industrial activity: vertical integration; vertical amalgamation. 5. of or relating to the vertex 6. (Anatomy) anatomy of, relating to, or situated at the top of the head (vertex) n 7....