Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

how did horizontal integration change the way business was done in amer…

Question

how did horizontal integration change the way business was done in america? (2 po
○ big corporations could control the cycle of a product from creation to sale.
○ big companies were not allowed to destroy their smaller competition anymore.
○ large companies grew larger by merging with other companies or acquiring them.
○ business leaders could move into jobs of similar status where their skills were more of a fit.

Explanation:

Brief Explanations

Horizontal integration refers to the business strategy where companies merge with or acquire other companies operating in the same stage of the same industry. This directly allows large companies to expand their size and market share by combining with competitors. The first option describes vertical integration, the second is incorrect as horizontal integration often reduced small competition, and the fourth is unrelated to the core impact of this business strategy on operations.

Answer:

C. Large companies grew larger by merging with other companies or acquiring them.