verticalism
- noun
- /ˈvɜrtɪkəlɪzəm/
- Specialized
- Through verticalism, the firm managed to oversee every step from raw materials to final sales.
Examples
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The company's strategy of verticalism allowed it to control both manufacturing and distribution.
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Critics argued that verticalism reduced competition in the market.
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The verticalism of the company is impressive.
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Many businesses adopt verticalism to improve efficiency.
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The company's strategy of verticalism allowed it to control both manufacturing and distribution.
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Through verticalism, the firm managed to oversee every step from raw materials to final sales.
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Many businesses adopt verticalism to improve efficiency in their supply chains.
Synonyms
A company that owns several production steps from raw materials to selling the product
Companies at different stages of making and selling join into one firm
How Integrated
Surface Forms
Morphology
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.