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    5 SSRN-id2398879

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    Vertical integration unifies economic objects under a hierarchical management structure to control successive production and distribution stages. Diversification unifies economic objects to develop a range of products and sales. The efficiency of these integrations depends on the integration strategy, which determines goals, models, and mechanisms for controlling members' work in the union.

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    5 SSRN-id2398879

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    bakwaas2012
    18 views1 page
    Vertical integration unifies economic objects under a hierarchical management structure to control successive production and distribution stages. Diversification unifies economic objects to develop a range of products and sales. The efficiency of these integrations depends on the integration strategy, which determines goals, models, and mechanisms for controlling members' work in the union.

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    Vertical integration unifies economic objects under a hierarchical management structure to control successive production and distribution stages. Diversification unifies economic objects to develop a range of products and sales. The efficiency of these integrations depends on the integration strategy, which determines goals, models, and mechanisms for controlling members' work in the union.

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    18 views1 page

    5 SSRN-id2398879

    Uploaded by

    bakwaas2012
    Vertical integration unifies economic objects under a hierarchical management structure to control successive production and distribution stages. Diversification unifies economic objects to develop a range of products and sales. The efficiency of these integrations depends on the integration strategy, which determines goals, models, and mechanisms for controlling members' work in the union.

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    International Journal of Economics, Commerce and Management, UK

    - Vertical integration: implies a unification of economic objects into hierarchical management


    structure covering the successive stages of production processes due to its functioning to
    control the production stages and distribution of products (intermediate resource), efficient
    resource exchange between union’s members, shortening of transaction expenses etc.;
    - Diversification: implies a unification of economic objects aiming a development of assorted
    range of produces items and general sales.

    By turn efficiency of this is that kind of integration of economic objects directly depends
    on their integration strategy within the frames of which the goals integration system of economic
    units is determined as well as the choice of necessary models, methods and integration
    mechanisms, control for their realization & efficiency of members’ work in the union (Figure 1).

    Figure 1. General view of realization process for integration strategy of economic objects

    Licensed under Creative Common Page 5

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