why did business leaders begin the practice of vertical integration? (1 point) big companies could grow by…

why did business leaders begin the practice of vertical integration? (1 point) big companies could grow by merging with other companies or acquiring them. factory workers could start in low positions and work their way up to management. large corporations could control the cycle of a product from creation to sale. small companies could grow so that they could compete with the larger companies

why did business leaders begin the practice of vertical integration? (1 point) big companies could grow by merging with other companies or acquiring them. factory workers could start in low positions and work their way up to management. large corporations could control the cycle of a product from creation to sale. small companies could grow so that they could compete with the larger companies

Answer

Brief Explanations:

Vertical integration allows businesses to control more aspects of the supply - chain, reduce costs, secure resources, and gain market power. Big companies could grow by merging or acquiring to expand their operations and gain competitive advantages.

Answer:

Big companies could grow by merging with other companies or acquiring them.