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cartels, monopolies, trust, and horizontal and vertical integration all share the goal of
cartels, monopolies, trust, and horizontal and vertical integration all share the goal of
Andrew Carnegie's Monopoly is the extreme case in capitalism.
A monopoly employing horizontal integration means what?
A company that tries to control the competition in a single step of the production process. :>
Vertical integration and horizontal integration :D
Andrew Carnegie used horizontal integration. He bought out his competition through this technique making his business more profitable.
Carnegie Controlled Almost the entire steel industry . by the time he sold his business in 1901 , Carnegie's companies produced by far the largest portion of steel.
The idea of vertical integration was introduced by Andrew Carnegie.
1.)Vertical Integration: a process in which you buy out the other competitors in order to be the only one left, creating a monopoly 2.)Horizontal Integration: companies that produce the same products merge together, to create a monopoly
A monopoly employing horizontal integration means what?
Vertical Integration
Nineteenth-century steel tycoon Andrew Carnegie introduced the concept and use of 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.
vertical
The BBC is a vertically integrated company because all of it channels are from one company.
Horizontal integration is the merging or takeover of a company that is in the same market and at the same stage of the supply chain.