TNC's Link Flashcards
1
Q
Links?
A
- merge into 1 company
- acquisition (one buys another)
- subcontractors
- FDI
2
Q
Vertical integration?
A
Supply chain owned entirely by the company so they have control over supplies and reduce costs - BP 1,100 stations
3
Q
Horizontal integration?
A
Improving links between different firms in the same stage of production