Explain backward integration
Explain the term backward integration?
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Whenever the company or the firm attain or develop other firm that offers the raw material component parts or the other input for original firm, it is known as backward integration.
What are the value match-ups of LVMH's diversification into luxury goods? What are the opportunities for skills transfer, cost sharing, brand sharing?
Explain the term Distinctive competency?
Define the term Ethics?
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Explain the term core-competency?
illustrates the integrating backward to get greater competitiveness?
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