In cases where the predicted parameter cannot be estimated in a quantitative scale, it is evaluated in a qualitative scale. The qualitative estimates obtained in this case are the results of the ranking of objects, i.e. their location according to the degree of increase or decrease of the estimated parameter. The ranks assigned to objects […]
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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 […]