Transformation of Vertical Industries into Horizontal Ones
The traditional formation of corporations has been under the architecture of vertical formation. For many years now, many of the corporations have been adopting a hierarchical model that has been designed to transfer resources and corporate activities from a central point to a lesser involving position at the base of the hierarchy. This approach has however been affected by massive competition from different corporations which have emerged at the onset of globalization. Globalization has witnessed the introduction of enfranchisement as well as outsourcing in a bid to expand the market capabilities as well as maximize the available profits through increase of customers. The ...
