VERTICAL INTEGRATION

Pronunciation (US): (GB):

Meaning:

Absorption into a single firm of several firms involved in all aspects of a product's manufacture from raw materials to distribution

Synonyms:

vertical combination; vertical integration

Classified under:

Nouns denoting acts or actions

Hypernyms ("vertical integration" is a kind of...):

consolidation; integration (the act of combining into an integral whole)

Derivation:

vertical (relating to or involving all stages of a business from production to distribution)