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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 ...
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 ...
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 ...
A vertical datum is a reference surface for vertical positions, such as the elevations of Earth features including terrain, bathymetry, water level, and human-made structures. An approximate definition of sea level is the datum WGS 84 , an ellipsoid , whereas a more accurate definition is Earth Gravitational Model 2008 (EGM2008), using at least ...
Page orientation is the way in which a rectangular page is oriented for normal viewing. The two most common types of orientation are portrait and landscape. [ 1] The term "portrait orientation" comes from visual art terminology and describes the dimensions used to capture a person's face and upper body in a picture; in such images, the height ...
Multi-level (or multilevel) governance is a term used to describe the way power is spread vertically between levels of government and horizontally across multiple quasi-government and non-governmental organizations and actors. [ 1] This situation develops because countries have multiple levels of government including local, regional, state ...
In the three-dimensional case, the situation is more complicated as now one has horizontal and vertical planes in addition to horizontal and vertical lines. Consider a point P and designate a direction through P as vertical. A plane which contains P and is normal to the designated direction is the horizontal plane at P.
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 ...