asked 145k views
4 votes
How did vertical integration allow a business to reduce costs?

by securing investors from regions around the country

by working with competitors to set prices

by controlling the businesses at each phase of a product's development

by focusing on one phase of a product's development

2 Answers

5 votes

Answer:

C- by controlling the businesses at each phase of a product's development

Step-by-step explanation:

Think of it as working your way up a ladder. Vertical means up and down, so you're working your way up by controlling each aspect of production.

answered
User Lyonel
by
7.8k points
3 votes
Vertical integration is where the supply chain of the company is owned by that company hence the answer would be the third option
answered
User Dillon Benson
by
7.3k points
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