How did vertical integration help the carnegie steel business?
Asked by maham237 @ in Mathematics viewed by 312 People
How did vertical integration help the Carnegie steel business?
It reduced the costs along the supply chain, from mining to transportation to manufacturing.
It gave the company a monopoly on the industry because it eventually owned its competitors.
It assigned one worker to a job, which helped reduce wasted time and speed manufacturing.
It provided quick and easy access to transportation methods, such as canals, rivers, and railways.