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.
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Define the term strategic outsourcing.
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Explain the term Horizontal Expansion?
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This is a follow up response of discussion, the subject is management of strategic operation, the discussion is talking about the globe integration and related implication.
What are the value chain match-ups of LVMH's Diversification case study?? What are the opportunities for skills transfer, cost sharing or brand sharing?
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