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Chapter 14 and 15

chapter 14 and 15
Horizontales
Ability of large corporations to prevent smaller businesses from entering the same industry
When companies have forward and backward linkage
When job carries no job security
Marginal service worker
Ability of a firm to hold dominant position for goods it produces
Verticales
Also known as under the table employment
Power of large corporation
Can be criminal in nature
Boring and undesirable
Can be permanent but provides fewer hours than the worker would like