A large bakery business, purchased a wheat farm in order to reduce the risk associated with its dependency on flour. this is an example of vertical integration.
Vertical integration is a way wherein a agency owns or controls its vendors, companies, or retail places to govern its rate or supply chain. Vertical integration advantages corporations with the aid of permitting them to manage the approach, lessen expenses, and improve efficiencies.
Vertical integration is a corporation technique that includes growth through streamlining operations. This takes place while one acquires a producer, supplier, supplier, distributor, or unique related enterprise corporation inside the identical employer.
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