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单词 backward integration
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backward integration
backward integration n. Business the expansion of a company to gain control over processes which precede its own in the supply chain, such as manufacturing, acquiring raw materials, etc.; cf. integration n. Additions.
ΚΠ
1906 D. H. MacGregor Industr. Combination i. iv. 95 Backward integration means that control is obtained over lower processes.
1966 T. Lupton Managem. & Social Sci. ii. 40 The growth of the plant was accompanied by, and was partly a consequence of, both technical changes and backward integration towards the raw materials.
2006 D. O. Whitten & B. E. Whitten Birth Big Business in U.S. 1860–1914 iv. xii. 155 Backward integration encouraged technological developments to increase the efficiency of the linkages between the furnaces and the steel plants.
extracted from backwardadv.adj.n.2
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