NOUN | act | vertical integration, vertical combination | absorption into a single firm of several firms involved in all aspects of a product's manufacture from raw materials to distribution |
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Meaning | absorption into a single firm of several firms involved in all aspects of a product's manufacture from raw materials to distribution. | |
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Synonym | vertical combination | |
Broader | consolidation, integration | The act of combining into an integral whole / whole |
Adjectives | vertical | relating to or involving all stages of a business from production to distribution |
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