USA, Japan, Germany, France, Great Britain, Italy and Canada (they are also called the Big Seven). These countries lead the world in terms of economic, scientific and technological potential, total GDP, the most diversified economies, and the largest human potential. These countries account for about 70% of the world’s industrial output, all foreign direct investment. […]
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Vertical Integration Strategy
Vertical integration expands the scope of the company’s activities in this industry. Companies can expand their activities towards suppliers (“back”) and / or to the end user of the goods (“forward”). Choosing the path of vertical integration, companies strive for full integration (participation in all links of the industry value chain) or partial integration (taking […]