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词汇 backward integration
释义

Definition of backward integration in English:

backward integration

noun
Business
  • The expansion of a company to gain control over processes which precede its own in the supply chain, such as manufacturing, acquiring raw materials, etc.

Origin

Early 20th century.

Definition of backward integration in US English:

backward integration

noun
Business
  • The expansion of a company to gain control over processes which precede its own in the supply chain, such as manufacturing, acquiring raw materials, etc.

Origin

Early 20th century.

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