Business

In the competitive telecommunications industry, companies are always looking for innovative ways to stay ahead of their rivals. One of these strategies used by companies is vertical integration, a business strategy where a company acquires, partners, or merges with other businesses along its supply chain. Telstra’s vertical integration is one … Read more

Vertical integration is a business approach wherein companies exert more control over their supply chains by taking ownership of more stages in the supply, production, distribution, and sale of their products and services. Once, a company can control all aspects of its business operations without third parties involved, it gives … Read more

VeChain works with companies such as BMW to prevent automobile odometer fraud during the transfer of data in the supply chain. It also works with LVMH to use VeChain in order to track luxury goods. Other uses of VeChain include streamlining data transfers across the consumer goods industries as well … Read more

Is Tesla a vertical integration? Tesla is an excellent example of vertical integration. Tesla’s vertical integration strategy has helped the company to be more efficient compared to other automakers. The company has succeeded in making most of the needed components for the manufacture of its cars. It has its own … Read more

The majority of companies depend on a number of partners and suppliers to produce and distribute their products; some use a vertical integration strategy whereby they acquire or merge with the smaller companies involved in their supply chain. One of the major vertical integration benefits is that it gives the … Read more

Knowing how to scale your business can be challenging, especially for new entrepreneurs. When we talk about scaling a business, we refer to strategies for growth that would align with your original business vision while managing the impact of growth on your business. This is not easy to do and … Read more

In this article, we see some business corporation examples and the different types as they have become prominent in our present world. Most of these businesses started as other forms of business entities such as sole proprietorships and partnerships and were later converted into corporations. This conversion usually takes place … Read more