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VERTICAL INTEGRATION

(noun)
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Definitions

There is 1 meaning of the phrase Vertical Integration.

Vertical Integration - as a noun

Absorption into a single firm of several firms involved in all aspects of a product's manufacture from raw materials to distribution

Synonyms (Exact Relations)
vertical combination

Example Sentences

"The company implemented vertical integration by acquiring a supplier of raw materials."
"Successful vertical integration can lead to cost savings and increased efficiency."
"The company's vertical integration strategy helped them gain a competitive advantage."
"Some industries, such as oil and gas, heavily rely on vertical integration."
"The benefits of vertical integration include better quality control and faster time to market."
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