Horizontal Integration:Horizontal integration is the merger of two firms at the same stage of production, producing the same product. For example, the merger of two car producers or two TV companies. There are two key motives behind horizontal integration. One is to take greater advantage of economies of scale. The new firm will be larger and hence may be able to produce at lower average cost.The other is to increase the market share. By merging with another firm producing the same product, a direct competitor is eliminated. Another possible benefit that may arise from horizontal integration is rationalization. If the two firms had not been using all their resources fully, merging could enable them to sell off the redundant resources, for instance, one office block. The new firm may also be able to save on managerial staff.There is a risk, however, with horizontal integration that the merged firm may experience diseconomies of scale. Also, a large firm can be difficult to control. It may also be difficult to integrate the two firms if they initially had different management structures or are located some distance apart.

Horizontal integration

by Valli Nachiappan

Stash 0

208 Views 3 years ago

This paper presents a method for detecting horizontal patterns in broad-cast arrays. The method is based on the assumption that the source of the signal is a single point source. The signals are received by a set of receivers which are arranged in a 2D array. The paper proposes a method to detect the presence of a horizontal pattern in the array. The method is based on the principle of maximum likelihood estimation and uses an iterative algorithm to find the maximum likelihood solution

Horizontal integration +2 more

by Rohit Lodhi

Stash 0

1 Attachment 1 year ago