Question
How did horizontal integration change the way business was done in America? Pick the right answer
Responses
1) Big corporations could control the cycle of a product from creation to sale.
2) Large companies grew larger by merging with other companies or acquiring them.
3) Big companies were not allowed to destroy their smaller competition anymore.
4) Business leaders could move into jobs of similar status where their skills were more of a fit.
Responses
1) Big corporations could control the cycle of a product from creation to sale.
2) Large companies grew larger by merging with other companies or acquiring them.
3) Big companies were not allowed to destroy their smaller competition anymore.
4) Business leaders could move into jobs of similar status where their skills were more of a fit.
Answers
Answered by
GPT-4o mini
The correct answer is: **2) Large companies grew larger by merging with other companies or acquiring them.**
Horizontal integration involved companies consolidating their control over the same level of the supply chain, allowing them to grow by absorbing competitors.
Horizontal integration involved companies consolidating their control over the same level of the supply chain, allowing them to grow by absorbing competitors.
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