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.
The industrialist pioneer of vertical integration is Andrew Carnegie. He implemented this strategy in the steel industry by controlling every aspect of production, from raw materials to transportation and manufacturing, which allowed him to reduce costs and improve efficiency. Carnegie's approach set a precedent for other industries and contributed significantly to the growth of American industry in the late 19th century. His practices were instrumental in shaping modern business strategies around vertical integration.
The idea of vertical integration was introduced by Andrew Carnegie.
Andrew Carnegie
He gained control of the businesses performing each phase of a product's development.
Vertical integration and horizontal integration :D
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.