Difference between revisions of "Vertical integration"
(Created page with "Vertical integration this occurs when a company produces its own inputs (backward integration) or when a company owns the outlets through which it sells its products (forw...") |
|||
| (One intermediate revision by one other user not shown) | |||
| Line 4: | Line 4: | ||
According to the [[Corporate Strategy by Lynch (4th edition)]], | According to the [[Corporate Strategy by Lynch (4th edition)]], | ||
:[[Vertical integration]]. This occurs when a company produces its own inputs (backward integration) or when a company owns the outlets through which it sells its products (forward integration). | :[[Vertical integration]]. This occurs when a company produces its own inputs (backward integration) or when a company owns the outlets through which it sells its products (forward integration). | ||
| + | According to [[Managerial Accounting by Braun, Tietz (5th edition)]], | ||
| + | :[[Vertical integration]]. The acquisition of companies within one's supply chain. | ||
| + | According to the [[Strategic Management by David and David (15th edition)]], | ||
| + | :[[Vertical integration]]. A combination of three strategies: backward, forward, and horizontal integration, allowing a firm to gain control over distributors, suppliers, and/or competitors respectively. | ||
| − | [[Category: Strategic Management]][[Category: Articles]] | + | [[Category: Strategic Management]][[Category: Articles]][[Category: Accounting]] |
Latest revision as of 15:32, 17 July 2020
Vertical integration this occurs when a company produces its own inputs (backward integration) or when a company owns the outlets through which it sells its products (forward integration).
Definitions
According to the Corporate Strategy by Lynch (4th edition),
- Vertical integration. This occurs when a company produces its own inputs (backward integration) or when a company owns the outlets through which it sells its products (forward integration).
According to Managerial Accounting by Braun, Tietz (5th edition),
- Vertical integration. The acquisition of companies within one's supply chain.
According to the Strategic Management by David and David (15th edition),
- Vertical integration. A combination of three strategies: backward, forward, and horizontal integration, allowing a firm to gain control over distributors, suppliers, and/or competitors respectively.
