Horizontal Growth. Education advancement on the salary schedule shall take place by meeting the following requirements:
Horizontal Growth. (a) On the terms and subject to the conditions set forth therein, KO hereby agrees to comply with the provisions regarding horizontal growth attached as Exhibit H hereto.
Horizontal Growth. Horizontal growth can be achieved by expanding the firm's products into other geographic locations and/or by increasing the range of products and services offered to current markets. In this case, the company expands sideways at the same location on the industry's value chain. For example, Ranbaxy Labs followed a horizontal growth strategy when it extended its pharmaceutical business to Europe and to U. S. A company can grow horizontally through internal development or externally through acquisitions or strategic alliances with another firm in the same industry. Horizontal growth results in horizontal integration—the degree to which a firm operates in multiple geographic locations at the same point in an industry's value chain. Horizontal integration for a firm may range from full to partial ownership to long-term contracts. For example, IBM, purchased the Indian BPO major Xxxxx to obtain access to American and Asian markets. Many commuter airlines engage in long-term contracts with other airlines in order to offer a complete arrangement for travelers. For example, Jet Airways provides world-class frequent flyer benefits to the customers, through their alliances with British Airways, KLM Royal Dutch Airlines and Northwest Airlines and provides flight reservations directly from the destinations outside India for domestic travel.