industrial integration

All Sources -
Updated Media sources (1) About encyclopedia.com content Print Topic Share Topic
views updated

industrial integration The tendency to link formerly separate firms, enterprises, or production processes, in order to reap economies of scale or finance. Integration may be vertical, combining separate stages in the manufacture of a finished good or provision of a service; or horizontal, combining ownership and control of activities within separate markets.

views updated

integration, industrial See INDUSTRIAL INTEGRATION.