Difference between revisions of "Backward integration"
(Created page with "Backward integration is the process whereby an organization acquires the activities of its inputs, e.g. manufacturer into raw material supplier. ==Definitions== According...") |
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According to the [[Corporate Strategy by Lynch (4th edition)]], | According to the [[Corporate Strategy by Lynch (4th edition)]], | ||
:[[Backward integration]]. The process whereby an organization acquires the activities of its inputs, e.g. manufacturer into raw material supplier. | :[[Backward integration]]. The process whereby an organization acquires the activities of its inputs, e.g. manufacturer into raw material supplier. | ||
| + | According to the [[Strategic Management by David and David (15th edition)]], | ||
| + | :[[Backward integration]]. A strategy seeking ownership or increased control of a firm's suppliers, such as a manufacturer acquiring its raw material source firms. | ||
[[Category: Strategic Management]][[Category: Articles]] | [[Category: Strategic Management]][[Category: Articles]] | ||
Latest revision as of 16:09, 15 July 2020
Backward integration is the process whereby an organization acquires the activities of its inputs, e.g. manufacturer into raw material supplier.
Definitions
According to the Corporate Strategy by Lynch (4th edition),
- Backward integration. The process whereby an organization acquires the activities of its inputs, e.g. manufacturer into raw material supplier.
According to the Strategic Management by David and David (15th edition),
- Backward integration. A strategy seeking ownership or increased control of a firm's suppliers, such as a manufacturer acquiring its raw material source firms.
