backward integration — ➔ integration * * * backward integration UK US noun [U] ► a situation in which a company controls the supply of goods and services it needs by buying the company that supplies them, or by going into the same business as that company: »The… … Financial and business terms
backward integration — /ˌbækwəd ɪntɪ greɪʃ(ə)n/ noun a process of expansion in which businesses which deal with different stages in the production or sale of the same product join together, i.e. a business becomes its own supplier ● Buying up rubber plantations is part … Marketing dictionary in english
backward integration — /ˌbækwəd ɪntɪ greɪʃ(ə)n/ noun a process of expansion in which a business which deals with the later stages in the production and sale of a product acquires a business that deals with an earlier stage in the same process, usually a supplier ●… … Dictionary of banking and finance
backward integration — vertical integration in an upstream direction i.e. a company merging with or buying out a supplier … Geography glossary
backward integration — See integration … Big dictionary of business and management
integration — in‧te‧gra‧tion [ˌɪntˈgreɪʆn] noun [uncountable] 1. the combining of two or more organizations, activities etc so that they become more effective, make better profits etc: • The important achievement of the European Union is economic integration … Financial and business terms
integration — The combination of two or more companies under the same control for their mutual benefit, by reducing competition, saving costs by reducing overheads, capturing a larger market share, pooling resources, cooperating on research and development,… … Big dictionary of business and management
Backward compatibility — In the context of telecommunications and computing, a device or technology is said to be backward or downward compatible if it can work with input generated by an older device.[1] If products designed for the new standard can receive, read, view… … Wikipedia
Backward differentiation formula — The backward differentiation formula (BDF) is a family of implicit methods for the numerical integration of ordinary differential equations. They are linear multistep methods that, for a given function and time, approximate the derivative that… … Wikipedia
Vertikale Integration — am Beispiel der Automobilbranche Unter vertikaler Integration versteht man in den Wirtschaftswissenschaften eine Form der Unternehmenskonzentration. Vertikale Integration wird daher auch als vertikale Unternehmenskonzentration bezeichnet.… … Deutsch Wikipedia
