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What is Vertical Integration in Tourism Strategies about?

This document discusses the theory of vertical integration in business. It provides several key points: 1) Vertical integration allows a company to control activities across multiple stages of production, from raw materials to the finished product. However, modern industrial structures are typically vertically disintegrated. 2) Classic reasons for vertical integration are to reduce costs and gain strategic advantages over competitors. It can generate cost savings in several ways but does not always lead

Author

Tatiana Posse

Language

EN