Vertical Coordination

Business / Agriculture / Vertical Coordination: The process of ensuring that each successive stage in the production, processing, and marketing of a product is appropriately managed and interrelated to the next, so that decisions about what to produce, and how much, are communicated as efficiently as possible from the consumer to the producer. Agricultural economists believe that vertical coordination of markets is particularly important in the food industry because of its complexity, the large number of firms that participate in one or more stages, and the relative perishability of the products involved. Vertical integration is a type of vertical coordination, but the latter does not necessarily require that a single organization own or control all of the stages. For example, the use of contracts and marketing agreements between buyers and sellers, and the availability of timely, accurate price and other market information are methods for achieving vertical coordination.

Vertical Search

Business / Search Engine Optimization (SEO) / Vertical Search: A search service which is focused on a particular field, a particular type of information, or a particular information format. For example, Business.com would be a B2B vertical search engine, and YouT MORE

Vertical Speed Indicator

Technology / Aviation / Vertical Speed Indicator: A panel instrument that gauges rate of climb or descent in feet-per-minute (fpm). Also Rate Of Climb Indicator. MORE

Vertical Spread

Business / Finance / Vertical Spread: When one firm acquires another firm that is in the same industry but at another stage in the production cycle. For example, the firm being acquired serves as a supplier to the firm doing the acquiring MORE

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