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vertical integration

Syllabification: ver·ti·cal in·te·gra·tion

Definition of vertical integration in English:

noun

The combination in one company of two or more stages of production normally operated by separate companies.
Example sentences
  • Finally, size of firm, vertical integration, diversification, and form of organization were found to be important direct influences.
  • And Cendant's vertical integration of brokerage, settlement, and other services helps attract franchisees.
  • The direction of vertical integration, that is, forwards or backwards, depends on where the business is positioned in the supply chain.

Definition of vertical integration in:

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