- vertical integration
- A *business combination of an organization with its suppliers. For example, a corporation that acquires its suppliers of *raw materials and components can control and simplify its *supply chain.
Auditor's dictionary. 2014.
vertical integration
Look at other dictionaries:
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Vertical Integration — When a company expands its business into areas that are at different points of the same production path. A car company that expands into tire manufacturing would be an example of vertical integration. A company such as this is often referred to… … Investment dictionary
vertical integration strategy — UK US noun [C or U] ECONOMICS, MANAGEMENT ► a plan by a company to buy companies that are its suppliers and customers, taking over more stages of an industrial or commercial process: »Each company must match its vertical integration strategy to… … Financial and business terms
vertical integration — vertical inte gration noun uncount BUSINESS a situation in which a single corporation owns several businesses that, in combination, control all the stages in producing and selling a product. For example, a corporation that owns a book publisher,… … Usage of the words and phrases in modern English
vertical integration — noun absorption into a single firm of several firms involved in all aspects of a product s manufacture from raw materials to distribution • Syn: ↑vertical combination • Derivationally related forms: ↑vertical • Hypernyms: ↑consolidation,… … Useful english dictionary
vertical integration — The combination of two or more companies at different stages in the value chain. For example, a manufacturer might purchase one of its suppliers or an organization involved in distributing its products. Vertical disintegration is said to occur… … Accounting dictionary
vertical integration — Form of business organization in which all stages of production of a good, from the acquisition of raw materials to the retailing of the final product, are controlled by one company. A current example is the oil industry, in which a single firm… … Universalium
vertical integration — noun The integrating of successive stages in the production and marketing process under the ownership or control of a single management organization. Ant: horizontal integration … Wiktionary
