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REASONS/ADVANTAGES OF INDUSTRIAL INTEGRATION — Commerce Keypoint

REASONS/ADVANTAGES OF INDUSTRIAL INTEGRATION

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  1. Firms integrate in order to reduce unnecessary competition.
  2. To fight economic recession.
  3. To help bring down the cost of production.
  4. To help maintain stable prices of their products.
  5. To bring about large scale production.
  6. To promote research and development.
  7. To ensure a monopoly of trade.
  8. To have direct control of its raw materials as well as its marketing outlet.
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  1. INDUSTRIAL INTEGRATION
  2. DISADVANTAGES OF INDUSTRIAL INTEGRATION
  3. FORMS OF INDUSTRIAL INTEGRATION

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