USA HISTORY

Detailed explanation-1: -Vertical integration is the business arrangement in which a company controls different stages along the supply chain. Instead of relying on external suppliers, the company strives to bring processes in-house to have better control over the production process.

Detailed explanation-2: -Vertical integration is a strategy that describes when a company owns or controls its distributors, suppliers, or other retail locations to maintain greater control of its supply chain.

Detailed explanation-3: -Vertical integration involves acquiring or developing one or more important parts of a company’s production process or supply chain. For example, Netflix’s shift from licensing shows and movies from major studios to producing its own original content is an example of vertical integration.

Detailed explanation-4: -Vertical integration can allow your business to expand geographically by adding distribution centers in new areas or by acquiring a new brand. Generally, geographical expansion works best when expanding within a company’s own segment in the supply-distribution spectrum.