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THE CHARACTER OF THE INTEGRATION PROCESSES IN THE ECONOMY

Journal: Science Journal "NovaInfo" (Vol.1, No. 49)

Publication Date:

Authors : ;

Page : 114-116

Keywords : SYNERGETIC EFFECT; MANAGEMENT DECISION; SELF-ORGANIZATION; INTEGRATION;

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Abstract

Integration is the result of the process of development of any economic system, implemented through management decisions of participants, to achieve temporary centralization of resources, increase market power on the market of raw materials and finished products, accumulate of synergetic effect by reducing total costs, the formation of new competitive advantages and, consequently, minimize business risk.

Last modified: 2016-08-16 17:05:14