0
Still curious? Ask our experts.
Chat with our AI personalities
Jordan
Vivi
SteveAdd your answer:
Earn +20 pts
Who created the vertical integration?
me
Who Developed vertical integration for his steel company?
The idea of vertical integration was introduced by Andrew Carnegie.
What is the difference between virtual integration and vertical integration?
Virtual Integration is to have control on the departments or businesses in the chain without owning them.where, Vertical Integration is like owning the departments or businesses in the chain.
What were some of Andrew carnegie's business practices?
Vertical integration and horizontal integration :D
What is vertical integration and how did Rockefeller and carnegie use it to their advantage?
Vertical integration is the merging of companies at different stages of production that aide in making one product. For example, if you wanted to use vertical integration to make a bottle of side, you would buy the company that made the glass for the bottles, the company that makes the bottle caps, the company that makes the labels ect. Carnegie and Rockefeller used this with their respective companies which were steel production and oil
