Vertical integration is a business strategy in which a company purchases its upstream suppliers to ensure that its essential supplies are available as soon as the company needs them.
Vertical integration is a method that permits a corporation to streamline its operations by taking direct ownership of numerous levels of its manufacturing procedure rather than counting on external contractors or providers.
Vertical integration entails acquiring or developing one or more important elements of an agency's production method or supply chain. For instance, Netflix's shift from licensing indicates and movies from foremost studios to producing its personal original content material is an example of vertical integration.
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