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OpenStudy (anonymous):

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.

OpenStudy (anonymous):

@lil_drew59

OpenStudy (lil_drew59):

u dont knw any of them do u

OpenStudy (anonymous):

lmfaoo noo

OpenStudy (anonymous):

theres only 3 more questions after this.

OpenStudy (lil_drew59):

ight

OpenStudy (lil_drew59):

d

OpenStudy (anonymous):

A: It reduced the costs along the supply chain, from mining to transportation to manufacturing. Vertical integration is when you buy out your suppliers as opposed to competitors. That way you get their cut instead of paying it.

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