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Vertical integration

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Jefferey Simonis

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โˆ™ 2y ago
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โˆ™ 8mo ago

Vertical integration is when a business buys enterprises at each phase of production, from raw materials to distribution. This strategy allows the company to control costs, improve efficiency, and gain a competitive advantage in the market by owning key parts of its supply chain.

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Q: Is when business buys enterprises at each phase of production?
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