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Julian describes a model in which a firm packages the various inputs and outputs of a particular industry. By achieving a critical mass of control
Julian describes a model in which a firm packages the various inputs and outputs of a particular industry. By achieving a critical mass of control over these components, the firm generates a profit that is a multiple of the firm which only represents one of the components.
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The model that Julian describes is commonly known as the Value Chain Integration Model or the Vertical Integration Model In this model a firm seeks to control and integrate multiple stages or componen...
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Management Accounting Information for Decision-Making and Strategy Execution
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
6th Edition
137024975, 978-0137024971
