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Key Difference – Forward vs Backward Integration All businesses are a part of a value system (a network where the company is connected with its suppliers and customers), where many organizations work in collaboration to deliver a product or service to the customers. Both forward and backward integration are forms of vertical integration, i.e., […]
Vertical vs Horizontal Integration Horizontal and vertical integration are tactics that are used by firms to expand their business operations. A company may decide to acquire companies in the same industry producing/providing the same product/service or acquire companies that become part of the entire production process. The article that follows explains both vertical and […]
