why was carnegie steel able to offer its product at a lower price than its competitors?\ncarnegie cut…

why was carnegie steel able to offer its product at a lower price than its competitors?\ncarnegie cut corners in his production, lowering his costs.\ncarnegie made a weak product, which was less expensive.\ncarnegie owned the raw materials, factories, and distribution.\ncarnegie created the bessemer process, which lowered costs.

why was carnegie steel able to offer its product at a lower price than its competitors?\ncarnegie cut corners in his production, lowering his costs.\ncarnegie made a weak product, which was less expensive.\ncarnegie owned the raw materials, factories, and distribution.\ncarnegie created the bessemer process, which lowered costs.

Answer

Brief Explanations:

Andrew Carnegie was able to offer his product at a lower - price through vertical integration. He owned raw materials, factories, and distribution, which reduced costs. The Bessemer process was not invented by Carnegie. Making a weak product is not a sustainable business model for long - term success. Cutting corners in production is not the main reason for his success.

Answer:

Carnegie owned the raw materials, factories, and distribution.