Eligibility Requirements. Â» Here is a visual guide prepared by the National Honor Society about how to become an NHS member. Students in grades 10âÂ­Â­12 who meet the requirements for membership outlined by their schoolâs chapter are eligible to be invited for membership.
Vertical integration is the control of multiple levels of a productâs supply chain. In a three-tier model â manufacture, wholesale and retail â vertical integration occurs if a firm controls two or more levels. There are numerous benefits to vertical integration.
A company pursuing a strategy of vertical integration may expand its operations. a. backward into an industry that produces inputs for the company's products. b. forward into an industry that uses, distributes, or sells the company's products. c. laterally into an industry that competes with the company's products.