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English definition of “vertical”


GRAPHS & CHARTS a vertical line, column, etc. goes straight up or down rather than across: The vertical columns of the table were headed with the months of the year.
HR used to describe the different ranks of managers and workers in an organization: The vertical structures of the past are less popular now that decision-making and innovation are encouraged at all operating levels. If there are more than five levels of management, the organization is said to be high in vertical differentiation.
COMMERCE, FINANCE used to describe the different stages of an industrial or commercial process, and the organizations involved: vertical agreement/market/restraint Vertical restraints can be used to isolate national markets, particularly where there are price differences between EU Member States.
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(Definition of vertical from the Cambridge Business English Dictionary © Cambridge University Press)
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