English version

backward integration

From Longman Business Dictionarybackward integrationˌbackward inteˈgrationECONOMICS when a company obtains control of its suppliers, or starts performing the same business activities as themHorizon Tours are taking backward integration even further by not only operating their own airline but also developing hotels in the Mediterranean. integration
Pictures of the day
What are these?
Click on the pictures to check.