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verticalism

verticalism

8.9
A business practice where a company controls several production and sales stages
  • noun
  • /ˈvɜrtɪkəlɪzəm/
  • Specialized
translation icon : verticalismo
  • Through verticalism, the firm managed to oversee every step from raw materials to final sales.

Examples

  • The company's strategy of verticalism allowed it to control both manufacturing and distribution.

  • Critics argued that verticalism reduced competition in the market.

  • The verticalism of the company is impressive.

  • Many businesses adopt verticalism to improve efficiency.

  • The company's strategy of verticalism allowed it to control both manufacturing and distribution.

  • Through verticalism, the firm managed to oversee every step from raw materials to final sales.

  • Many businesses adopt verticalism to improve efficiency in their supply chains.

Synonyms

vertical integration
vsverticalism
  • Specialized
1 6.8

A company that owns several production steps from raw materials to selling the product

is the company policy of controlling several production and distribution stages
vertical combination
vsverticalism
  • Specialized
7.8

Companies at different stages of making and selling join into one firm

is the managerial policy to control production and distribution stages within firms

How Integrated

verticalism
  • Specialized
8.9
insourcing
  • Specialized
1 4.9
horizontal combination
  • Specialized
7.7

Surface Forms

verticalism singular
verticalisms plural

Morphology

verticalism = vertical (semi-transparent) = vertical + ism

Formally 'vertical' + '-ism' is clear, but the business sense referring specifically to controlling multiple production stages is a specialised extension (close to 'vertical integration') that may not be obvious to all learners.

Etymology

Verticalism comes from vertical ('upright' or 'top') and -ism ('a policy or system'). So in business verticalism means controlling many stages of production and sale, like keeping everything in one 'vertical' line of control.