What does horizontal integration mean in history?
In politics, horizontal integration refers to the way that modern states have been combining all levels of government. This is not to be confused with the way that organizations like the Catholic Church and the United Nations do things. In those types of organizations, there’s often a clear division of power between the different levels.
What does the phrase horizontal integration mean in the context of history?
The phrase, “ horizontal integration” refers to the practice of combining or consolidating the operations and finances of an entire industry or economy under one corporate ownership. It is often used in the context of the consolidation of corporations during the 20th century, as the rise of large corporations became more common. In the finance industry, there are also plenty of examples as well.
What does the term horizontal integration mean in history?
The term “horizontal integration” refers to the process of a company’s growth by buying up other businesses within the same industry or related industries. If you’re looking up the definition of horizontal integration online, you’ll find a lot of explanations that claim that the idea of “horizontal integration” came from the practice of farmers buying up other farms in the same area, which began to grow when railroads began to appear in the United States.
What does the expression horizontal integration mean in history?
The concept of horizontal integration in business refers to the process of an organization combining its different departments and operations under the same management. When all the departments work under the same roof, the organization can make faster decisions, share information quickly and offer better services to their clients.
What does the term horizontal integration in history mean?
In the context of business, horizontal integration is the combination of two or more business activities within the same organization. This process seeks to create a single, more efficient organization by combining the resources and expertise of different departments or functions. Typically, it involves combining a company’s legacy systems.