USA HISTORY

Detailed explanation-1: -What Is Vertical Integration? Vertical integration is a strategy some manufacturers use to manage all aspects of the product development-to-delivery process. Manufacturers with these robust internal capabilities can design, engineer, test, mill, mold, mass produce, and distribute from one source.

Detailed explanation-2: -Vertical integration is a business strategy where the business itself controls the supply chain and multiple stages of its production process, thus eliminating or reducing third-party vendor dependencies.

Detailed explanation-3: -In economics, vertical integration is the term used to describe a business strategy in which a company takes ownership of two or more key stages of its supply chain. A vertically integrated automaker, for example, might produce automobile components and vehicles and also sell directly to customers.

Detailed explanation-4: -Since 2021, vertical integration has been at the center of the strategies of companies like Amazon, Apple, Ferrero, Tesla, and NVidia.