<P> In microeconomics and management , vertical integration is an arrangement in which the supply chain of a company is owned by that company . Usually each member of the supply chain produces a different product or ( market - specific ) service , and the products combine to satisfy a common need . It is contrasted with horizontal integration , wherein a company produces several items which are related to one another . Vertical integration has also described management styles that bring large portions of the supply chain not only under a common ownership , but also into one corporation ( as in the 1920s when the Ford River Rouge Complex began making much of its own steel rather than buying it from suppliers ) . </P>
<P> In microeconomics and management , vertical integration is an arrangement in which the supply chain of a company is owned by that company . Usually each member of the supply chain produces a different product or ( market - specific ) service , and the products combine to satisfy a common need . It is contrasted with horizontal integration , wherein a company produces several items which are related to one another . Vertical integration has also described management styles that bring large portions of the supply chain not only under a common ownership , but also into one corporation ( as in the 1920s when the Ford River Rouge Complex began making much of its own steel rather than buying it from suppliers ) . </P>
what company is an example of a vertical integration structure
what company is an example of a vertical integration structure
Ford River Rouge Complex
Ford River Rouge Complex