Vertical integration key strategy for conglomerates
Jun 22, 2011
Samsung, Hyundai Motor, SK, STX reap fruits from multi-layered business structure Amid robust industrialization a few decades ago, Korea’s major companies were striving to adopt a multi-layer business practice called vertical integration. They are now transforming into global industry leaders, bearing the fruit of these efforts. The unique concept of management dates back to the 19th century wh...