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TOEIC question: Vertical integration



 
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TOEIC question: Vertical integration Fri Nov 04, 2005 18:09 pm  TOEIC question: Vertical integration
 

vertical integration: business structure in which a parent company owns the means of production, distribution, and final sale

please explain the words underlined to me

thanks
hongrose1986
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Vertical integration Fri Nov 04, 2005 18:40 pm  Vertical integration
 

This is part of the vertical integration package: the parent company owns the infrastructure including the means of production and sale to the consumers (the end users). These can be retail outlets, stores or other forms of final distribution.
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