Difference between revisions of "Horizontal integration"
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'''Horizontal integration''' is the process by which a [[corporation]] acquires unrelated businesses, creating a more financially stable [[conglomerate]]. For example, a [[steel]] mill purchasing a [[pharmacy]] is horizontal integration. | '''Horizontal integration''' is the process by which a [[corporation]] acquires unrelated businesses, creating a more financially stable [[conglomerate]]. For example, a [[steel]] mill purchasing a [[pharmacy]] is horizontal integration. | ||
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Latest revision as of 14:06, July 13, 2016
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Horizontal integration is the process by which a corporation acquires unrelated businesses, creating a more financially stable conglomerate. For example, a steel mill purchasing a pharmacy is horizontal integration.