vertical integration strategy Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “vertical integration strategy” in the English Dictionary

"vertical integration strategy" in Business English

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vertical integration strategynoun [C or U]

uk   us   ECONOMICS, MANAGEMENT
a ​plan by a ​company to ​buycompanies that are its ​suppliers and ​customers, taking over more ​stages of an ​industrial or ​commercialprocess: Each ​company must ​match its ​verticalintegrationstrategy to its ​competitiveconditions.
(Definition of vertical integration strategy from the Cambridge Business English Dictionary © Cambridge University Press)
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