He gained control of the businesses performing each phase of a product's development.
i think he developed vertical integration...
Vertical Integration
theprocess is which several steps in the production an/or distribution of a product or service are controled by a single company , in order to increase taht company's power in the marketplace. khezzar djamila.
buying every part of the process, there by taking business away from other companies.
Andrew Carnegie used horizontal integration. He bought out his competition through this technique making his business more profitable.
The idea of vertical integration was introduced by Andrew Carnegie.
Andrew Carnegie
Vertical integration and horizontal integration :D
He gained control of the businesses performing each phase of a product's development.
Andrew Carnegie
andrew carnegie
Nineteenth-century steel tycoon Andrew Carnegie introduced the concept and use of vertical integration
i think he developed vertical integration...
Vertical Integration
Andrew Carnegie's Monopoly is the extreme case in capitalism.
Andrew Carnegie
theprocess is which several steps in the production an/or distribution of a product or service are controled by a single company , in order to increase taht company's power in the marketplace. khezzar djamila.