How did vertical integration allow a business to reduce costs?

by securing investors from regions around the country

by working with competitors to set prices

by controlling the businesses at each phase of a product's development

by focusing on one phase of a product's development

Question

Ginger

History

2 April, 18:00

How did vertical integration allow a business to reduce costs?

by securing investors from regions around the country

by working with competitors to set prices

by controlling the businesses at each phase of a product's development

by focusing on one phase of a product's development

+1

Answers (2)

Know the Answer?

Yaretzi Zuniga · Answer 1

Vertical integration is where the supply chain of the company is owned by that company hence the answer would be the third option

Brendan Kemp · Answer 2

C - by controlling the businesses at each phase of a product's development

Explanation:

Think of it as working your way up a ladder. Vertical means up and down, so you're working your way up by controlling each aspect of production.

How did vertical integration allow a business to reduce costs?by securing investors from regions around the countryby working with competitors to set pricesby controlling the businesses at each phase of a product's developmentby focusing on one phase of a product's development

How did vertical integration allow a business to reduce costs?

by securing investors from regions around the country

by working with competitors to set prices

by controlling the businesses at each phase of a product's development

by focusing on one phase of a product's development