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Product differentiation. In economics and marketing, product differentiation (or simply differentiation) is the process of distinguishing a product or service from others to make it more attractive to a particular target market. This involves differentiating it from competitors ' products as well as from a firm's other products.
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 ...
Marketing. 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 market ...
Indonesia is the world's largest archipelagic state and the 14th-largest country by area, at 1,904,569 square kilometres (735,358 square miles). With over 280 million people, Indonesia is the world's fourth-most-populous country and the most populous Muslim-majority country.
Horizontal and vertical market. The medicine industry is an example of a vertical market. A vertical market is a market in which vendors offer goods and services specific to an industry, trade, profession, or other group of customers with specialized needs. A horizontal market is a market in which a product or service meets the needs of a wide ...
Nusantara ( Indonesian pronunciation: [nusanˈtara] ⓘ ), officially known as Ibu Kota Nusantara ( IKN ), is the future capital of Indonesia, located between Kutai Kartanegara Regency and Penajam North Paser Regency, East Kalimantan. [ 1] In 2019, a minister stated that the new capital region would be a separate province, without giving ...
Vertical farming is the practice of growing crops in vertically and horizontally stacked layers. [ 1] It often incorporates controlled-environment agriculture, which aims to optimize plant growth, and soilless farming techniques such as hydroponics, aquaponics, and aeroponics. [ 1] Some common choices of structures to house vertical farming ...
Vertical integration, when the the supply chain of a company is integrated and owned by that company (i.e. integration of multiple stages of production) Vertical and horizontal market, another concept in economics, with a vertical market characterized by goods and services being offered to a specific industry or group of customers with ...