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In microeconomics, management and international political economy, vertical integration, also referred to as vertical consolidation, is an arrangement in which the supply chain of a company is integrated and owned by that company. Usually each member of the supply chain produces a different product or (market-specific) service, and the products ...
Research. v. t. e. Horizontal integration is the process of a company increasing production of goods or services at the same level of the value chain, in the same industry. A company may do this via internal expansion or through mergers and acquisitions. [ 1][ 2][ 3] The process can lead to monopoly if a company captures the vast majority of ...
The Ford River Rouge complex (commonly known as the Rouge complex, River Rouge, or The Rouge) is a Ford Motor Company automobile factory complex located in Dearborn, Michigan, along the River Rouge, upstream from its confluence with the Detroit River at Zug Island. Construction began in 1917, and when it was completed in 1928, it was the ...
Supply chain collaboration. In supply chain management, supply chain collaboration is defined as two or more autonomous firms working jointly to plan and execute supply chain operations. It can deliver substantial benefits and advantages to collaborators. [1] It is known as a cooperative strategy when one or more companies or business units ...
Tapered integration. Tapered integration is a term from organization theory that refers to a mix of vertical integration and market exchange. [ 1] Upstream, a producer might manufacture some of the input itself and buy the remaining portion from independent firms. Downstream, the manufacturer might sell a portion of its output through an in ...
Social mobility is the movement of individuals, families, households or other categories of people within or between social strata in a society. [ 1] It is a change in social status relative to one's current social location within a given society. This movement occurs between layers or tiers in an open system of social stratification.
According to these psychologists, horizontal and vertical décalage are the product of the development of the prefrontal cortex in children, which "contributes to age-related advances in flexible behavior". [8] Certain tests and studies have been conducted to show how horizontal and vertical décalage are related to neural functioning.
Vertical disintegration refers to a specific organizational form of industrial production. As opposed to vertical integration , in which production occurs within a singular organization, vertical disintegration means that various diseconomies of scale or scope have broken a production process into separate companies, each performing a limited ...