Vertical Integration is the term refers to gaining control of the many different businesses that make up all phases of a product's development.
<u>Explanation:</u>
Vertical Integration is the most common business and economics term. This is a strategy that a company can control various stages of the supply chain.
There are 4 phases in the supply chain. They are retail, distribution, manufacturing, and commodities.
The company will integrate the stages vertically while controlling the supply chain. Thus the companies will be integrated by purchasing the suppliers. In order to reduce the price of manufacturing.
Vertical integration has various benefits for companies. They are controlling the process, reducing costs and improving efficiencies.
50,000 men were convicted of being homosexual
The most unique fact about the Russo-Japanese War was the victory of the East over the great powers of the West. The fact that a small nation like Japan can defeat a large Nation like Russia was astonishing.
This was a war of expansionism that took place between 1904- 1905. It was fought between Japan and Russia over the territorial affairs in the Far East. At last, Japan claimed the victory in the war and emerged as the major power.
Yes, the witchtrials were about witchcraft. 200 people were accused of practicing witchcraft “the devil’s magic”- and 20 were executed. Eventually, the colony admitted the trials were a mistake and compensated the families of those convicted. The story of the trials has become synonymous with paranoia and injustice.
Okinawa was one of the most heavily fortified and strategically located islands in the the island-hopping campaign. The Americans planned to use Okinawa as a launching base for air attacks and eventually an invasion into the larger islands of Japan. For these reasons, it made sense to make it the final island in the island-hopping campaign, after which the campaign would shift into an invasion into the heart of Japan.
This larger-scale invasion never occurred, however, as Truman elected to end the war by dropping two atomic bombs on Japan, rather than lose many more men and resources in a long and bloody invasion.