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.
Vertical integration. Vertical integration is the merging together of two businesses that are at different stages of productionâfor example, a food manufacturer and a chain of supermarkets. Merging in this way with something further on in the production process (and thus closer to the final consumer) is known as forward integration.