Vertical and horizontal integration is a necessity, and the joint bodies are the framework where such integration takes place. |
In industries with high fixed costs, horizontal integration enables firms to benefit from greater economies of scale. |
The achievement of horizontal integration depends on essential unification of primary function areas. |
If we look at the environment, we see that nothing has come of the horizontal integration in this policy. |
These firms achieved most of their financial control through horizontal integration by acquiring the competition. |
However, the less doubt there is about horizontal integration, the more we should be questioning vertical integration. |