Examlex
Why do many radio stations not have local programming?
Vertical Integration
A strategy where a company expands its business operations into different steps on the same production path, such as when a manufacturer owns its supplier and/or distributor.
Acquiring Suppliers
The process of taking over or purchasing suppliers to control the supply chain, reduce costs, or secure resources.
Distributors
Entities involved in the supply chain that purchase products from manufacturers and sell them to retailers or directly to consumers.
Diversification
A strategy of investing in a variety of assets to reduce exposure to any single asset or risk.
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