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Dhananjaya Parkhe

Dhananjay Parkhe ★ºधनंजय✦पारखेº™🇮🇳 is an★ Authorº ★C-Suite Mentorº ★Start-UpºMentorº★Advisorº★Artistº★CSRº

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Vertical Integration and Grant

Vertical Integration and Grant
Dhananjay Parkhe

Amateur Artist. Learning New Skills. Learning to enjoy the joy of my creation.

Vertical Integration and Grant


Term of the Day

Vertical Integration

Merger of companies at different stages of production and/or distribution in the same industry.
When a company acquires its iinput supplier it is called backward integration. When it acquires companies in its distribution chain it is called forward integration. For example, a vertically integrated oil company may end up owning oilfields, refineries, tankers, trucks, and gas (petrol) filling…
Learn more about this term
Usage Example
To promote financial growth and improve efficiency the manufacturing company implemented vertical integration by acquiring other companies within their supply chain.
Term of the Day

Grant

  1. Funding for a nonprofit organization, usually for a specific project.
  2. To give a right to.
  3. Real Estate: The term used to indicate a transfer of property. A person can grant property to another person in a deed.
Learn more about this term
Usage Example
In fact, unless your product or service relates to development of a new technology or you are starting a non-profit organization, there is little to no value in looking for agrant from the federal government.
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