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Horizontal Integrationa Integration strategies blll
Itis the process of acquiring or merging with supplier.distributor or competitors,
A growth strategy in which a company increases its sales and profits through vertical,
horizontal, conglomerate & concentric integration within its industry.
Integration can be through acquisition or merger.
When one firm takes over another firm, it is called acquisition.
But if a new firm is created by combining (or merging) two existing firms, it is called merging.
Vertical integration
1. Forward
2. Backward
Horizontal Integration
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