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词汇 vertical-integration
释义 vertical integration
noun[ U ]
 business specializeduk /ˌvɜː.tɪ.kəl ɪn.tɪˈɡreɪ.ʃən/ us /ˌvɝː.t̬ə.kəl ɪn.t̬əˈɡreɪ.ʃən/
a process in business where a company buys another company that supplies it with goods or that buys goods from it in order to control all the processes of production(公司为全面控制整个生产过程而进行的)垂直一体化,纵向结合
SMART Vocabulary: related words and phrases

Business - general words
addressable
addressable market
Age of Exploration
amortizable
anti-commercial
contestable
contract in/out
contract something out
contractual
contractually
importation
in business
initial public offering
IPO
lean
the tertiary sector
time-and-motion study
trade secret
transact
triple play

vertical integration | Business English


vertical integration
noun[ U ]
 ECONOMICS, MANAGEMENTukus(alsovertical amalgamation); (alsovertical combination)
(alsovertical merger)
a situation where a company buys companies that are its suppliers and customers, taking over more stages of an industrial or commercial process:
Mobile phone companies are becoming more powerful through vertical integration.
the degree to which a company carries out the different stages in an industrial or commercial process, rather than depending on outside suppliers and customers:
In recent years, there are increasing number of Hong Kong manufacturers adopting a strategy of vertical integration to enhance value-added content to their products.

Compare


horizontal integration

See also


backward integration
forward integration
vertical disintegration

Examples of vertical integration


vertical integration
This is in contrast to the current industry verticalintegration that is outside of farmers' control.
Verticalintegration and contracting began in the broiler industry23 and increased specialization and scale of agricultural production of livestock1.
Verticalintegration issues came up in this connection, including the design of the verticalintegration guidelines.
They test predictions of verticalintegration, disintegration and so forth, and they find different conclusions.
In the meat industry in particular, verticalintegration and the use of contracts can result in barriers to small-scale producers.
Top-down verticalintegration requires translation between abstraction levels.
Governments should therefore scrutinize such forward verticalintegration strategies-as has usually been the case for horizontal mergers.
There are voluminous literatures on mergers and verticalintegration.
However, these potential disadvantages should be confronted with the possible benefits of forward verticalintegration.
By this logic the second-order construct of ' family ' role investment is an appropriate way to model the verticalintegration of inter-generational family roles.
This is done because data on the market prices of natural resource inputs are not available due to the prevalence of verticalintegration.
Verticalintegration spans all abstraction levels within a single domain.
However, transaction cost economics predicts verticalintegration in cases of higher specificity, frequency and uncertainty.
So the argument that verticalintegration in, and of itself, implied larger rents is questionable.
By the 1970s, assemblers and suppliers had adopted strategies of verticalintegration, and relations among them were often conflictual.
See all examples of vertical integration
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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