单词 | backward integration |
释义 | > as lemmasbackward 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. < as lemmas |
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