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kakasveta [241]
3 years ago
11

How Carnegie used vertical integration to reduce competition and make his business more profitable?

Business
1 answer:
fomenos3 years ago
8 0
Carnegie used vertical integration to reduce competition and make his business more profitable Vertical Integration was incorporated into everything from mining the ore and coal, to shipping it to the factories, and etc. With the flow from one business to another Carnegie was able to protect the profit made by keeping it all in a sort of cycle formation within the family. This prevented competitor companies from being able to cut down <span>availability on the market as well as raising prices on the stock.</span>
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