Vertical integration is a manner of organizing the supply chain of a company, in which the firm owns the facilities where the different parts of the production process are performed (obtention of raw materials, intermediate transformations, final transformation, etc), instead of buying intermediate goods or raw materials from suppliers, to subsequently produce their own products.
Vertical integration requires extremely high levels of investment, but if a firm can afford to follow this strategy, it will experience a drastic cost reduction and productivity improvements in its production process. Vertical integration enhances the produdction capacity of a firm, and allows it to reach <u>economies of scale. </u>
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2.The U.S. remained neutral.
4.President Wilson sent four angry protests to Germany about their inhumane behavior.
Jewish religious books claim that the people as a culture existed as far as 1500 BC. They lived as slaves in Egypt until Moses set them free. The Torah played a massive role in their lives because, according to Judaism, it was written by God directly, that is, it was given to Moses to write down, since he was the prophet of the lord. The Torah became the law of the land as it was created by god itself. They spread from Egypt towards the middle east.
