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vertical integration love

vertical integration

Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun economics The integrating of successive stages in the production and marketing process under the ownership or control of a single management organization.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun absorption into a single firm of several firms involved in all aspects of a product's manufacture from raw materials to distribution

Etymologies

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antonyms (1)

Words with the opposite meaning

  1. horizontal integration

hypernyms (2)

Words that are more generic or abstract

  1. consolidation
  2. integration

Comments

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  • jwjarvis commented on the word vertical integration

    I can see the tremendous vibrancy in, say, the Malaysian telecom sector compared to U.S. sector. In the U.S. everything is vertically integrated and sewn up, so you don’t have a free market. In Malaysia, you have a broad spectrum of players, and you can see the benefits for all as a result.

    December 4, 2010