vertical integrationnoun [ U ]
uk/ˌvɜː.tɪ.kəl ɪn.tɪˈɡreɪ.ʃən/us/ˌvɝː.t̬ə.kəl ɪn.t̬əˈɡreɪ.ʃən/specializeda process in business where a company buys another company that supplies it with goods or that buys goods from it in order to control all the processes of production
Thesaurus: synonyms and related words
Business - general words
- Age of Exploration
- B2B
- B2C
- back office
- big business
- corporate memory
- deal
- devolution
- devolve
- devolve sth to sb
- globalization
- mass market
- mass market
- nerve centre
- niche market
- offshore
- open market
- private
- private enterprise
- tender
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