Illustrates the vertical integration strategies
Illustrates the vertical integration strategies?
Expert
Operating across more phases of the industry value chain:
a. Vertical integration extends a firm’s operating and competitive range within the similar industry. It involves growing the firm’s range of activities forward toward end users and/or backward into sources of supply.
b. Vertical integration strategies can goal at partial integration or full integration.
• The strategic benefits of the vertical integration
• The strategic drawbacks of vertical integration.
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