Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. general management
  3. a) define what is meant by vertical and horizontal

a) Define what is meant by vertical and horizontal integration. b) Outline and explain the merits and...

60.1K

Verified Solution

Question

General Management

a) Define what is meant by vertical and horizontalintegration.

b) Outline and explain the merits and demerits with employee avertical and horizontal integration strategy for a furniturecompany.

Answer & Explanation Solved by verified expert
4.4 Ratings (811 Votes)
a Vertical integration is the process of combining different processes or systems in the same field to gain efficiency It is the capabilities acquired by the firm to do its processes by itself increase self sufficiency and save costs Horizontal integration is acquiring other firms or businesses in    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Temporary excess cash can be invested in marketable securities. What are the characteristics of marketable securities?...

Finance
1.2K views

Scana Corporation is considering leasing a new equipment. The lease lasts for 5 years. The lease...

Biology
1.2K views

How would you determine whether the morphological diversity of animals has increased, decreased, or stayed the...

Psychology
1.2K views

What are INFJ person values?

Geometry
1.2K views

9 A trapezoid B quadrilateral C isosceles trapezoid D kite

Geometry
1.2K views

Prove triangle ABC is congruent to triangle DEF F 5 4 3 2 1 y...

Basic Math
1.2K views

y sin 3xx What is the period of the function y sin 3xx 2 3...

Basic Math
1.2K views

Rory is staying in a cabin on a hill 300 feet above sea level. She...

Statistics
1.2K views

Over a period of a few years the population of Denver increased It was observed...

Accounting
1.2K views

(Actual Hours * Actual Rate) - (Standard Hours Standard Rate Materials Usage Variance Drag answer...

Accounting
1.2K views

The amount of ending inventory after the January 10th sale, assuming FIFO inventory method is:...

Accounting
1.2K views

The predetermined overhead rate for Sheridan Company is $4, comprised of a variable overhead rate...