vertical integration

English

Noun

vertical integration (uncountable)

1. (economics) The integrating of successive stages in the production and marketing process under the ownership or control of a single management organization.
   • 2005, Robert M. Grant, chapter 13, in Contemporary strategy analysis, →ISBN, page 392:

     The prevailing wisdom today is that any benefits of vertical integration tend to be outweighed by the greater advantages of specializing in a narrow range of vertical activities.

Antonyms

• horizontal integration

Translations

The integrating of successive stages in the production and marketing process

• Japanese: 垂直統合 (suichoku-tōgō)