What type of business practice did Andrew Carnegie pioneer with the Carnegie Steel Corporation? establishing no-bid service cont

Question

3 years ago

6

What type of business practice did Andrew Carnegie pioneer with the Carnegie Steel Corporation? establishing no-bid service cont

racts with large corporate customers pricing products below cost to drive other producers out of business integrating all phases of production and distribution in a single corporation controlling the entire marketplace for a single product in order to set prices

History

2 answers:

valentinak56 [21] · Answer 1 · 2022-04-28T14:35:27+03:00

valentinak56 [21]3 years ago

8 0

Controlling the entire marketplace for a single production in order to set prices

stiv31 [10] · Answer 2 · 2022-04-28T16:19:40+03:00

stiv31 [10]3 years ago

6 0

controlling the entire marketplace for a single product in order to set prices