Examlex
The fact that we tend to rely on semantic codes when we encode information in long-term memory means that
Vertical Integration
A growth strategy to expand by acquiring upstream suppliers or downstream distributors.
Suppliers
Businesses or individuals that provide goods or services to another entity under terms specified in a contract.
Forward Vertical Integration
A business strategy where a company expands its operations by acquiring or establishing control over subsequent stages in its production or distribution process.
Hypercompetition
describes a business environment characterized by intense and rapid competitive moves, where advantages are quickly eroded due to constant disruptive changes.
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