Monopolies+(1-1)

Vertical Integration The degree that a firm owns its upstream suppliers and its downstream buyers is referred to as a vertical integration. It can give in inpact on a business units position in its industry. The vertical scope of the firm is an important consideration in corporate strategy.

Horizontal Integration The gaining of additional business activities at the same level of the value chain is referred to as horizontal integration. Horizontal growth can be achieved by internal expansion or by external expansion through mergers and acquisitions of firms offering similar products and services.

Mass Production and Buying in Bulk Mass production is when someone is selling something for less and they eleminate their compatition then once they have eliminated them they can raise their prices. Buying in bulk is when you buy biger things or more things for less money.

Group 1