Horizontal Integration : When a company decides to expand horizontally i.e within its current line of business then it is called horizontal integration. For eg. pepsi when it got into snacks it can be called a horizontal integration.
Vertical integration: When a firm covers all activity of supply chain then it can be called as vertically integrated. Eg. if a paper manufacturing industry goes into plantation of woods and other activities involved with production raw material (wood) it can be called a vertical integration.
horizontal intergration- buying out or driving out competitors. ex. Rockefeller, Standard Oil vertical intergration- controlling all steps in a proccess of making something raw a finished product. ex. Carnegie Steel
horizontal integration is when industries of the same type at the same level of production come together. Think if Target and Wal-Mart merged. Conglomerate is when unrelated industries come together. Like Virgin - cell phones and airlines.
Horizontal and vertical consolidation are ways in which businesses can try to expand. Vertical consolidation involves buying firms up or down the supply chain. For example - a firm might buy companies that provide it with the materials it needs to produce the goods. It is buying other companies that do not compete with it, but are part of making or selling the product it made originally.
FID stands for Foreign Direct Investment. Some of the objectives of FDI are expansion of sales, purchase of resources, diversification, and horizontal and vertical foreign investment.
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vertical
Vertical Integration is owning a section of a business and horizontal integration is owning all businesses in a certain field.
cartels, monopolies, trust, and horizontal and vertical integration all share the goal of
A vertical mill is the same as an vertical integration mill. It is built vertical, not horizontal.
Vertical - Expansion of a business by buying out suppliers of commodities (required to create your product)Horizontal - Expansion of a business by buying out competition (who create a similar product)
cartels, monopolies, trust, and horizontal and vertical integration all share the goal of
cartels, monopolies, trust, and horizontal and vertical integration all share the goal of
cartels, monopolies, trust, and horizontal and vertical integration all share the goal of
cartels, monopolies, trust, and horizontal and vertical integration all share the goal of
Vertical integration and horizontal integration :D
horizontal integration is partnering with other firms in the same or similar industries. vertical integration is partnering with companies that provide some service in the supply chain, ex. suppliers or vendors, of your industry.
consolidates many firms involved in the same business into on giant company