Business · 2
What is the term for a business strategy combining companies at different supply chain levels?
Answer
Vertical integration
Vertical integration involves combining companies at different levels of the supply chain. This represents a significant development in business and represents important trends in modern commerce, technological innovation, or financial markets. The company's or individual's influence extends across multiple sectors and continues shaping global economic landscapes.
💡 Did you know?
Tesla integrates vertically by manufacturing batteries, cars, and chargers.
Other options people guess
- Horizontal integration
- Diversification
- Synergy
Topics
- business strategy
- supply chain
- M&A
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