how did horizontal integration change the way business was done in america? (1 point) big corporations could…

how did horizontal integration change the way business was done in america? (1 point) big corporations could control the cycle of a product from creation to sale. large companies grow larger by merging with other companies or acquiring them. big companies were not allowed to destroy their smaller competition anymore. business leaders could move into jobs of similar status where their skills were more of a fit

how did horizontal integration change the way business was done in america? (1 point) big corporations could control the cycle of a product from creation to sale. large companies grow larger by merging with other companies or acquiring them. big companies were not allowed to destroy their smaller competition anymore. business leaders could move into jobs of similar status where their skills were more of a fit

Answer

Brief Explanations:

Horizontal integration is a business - strategy where companies merge with or acquire other companies in the same industry at the same stage of the production process. This allows large companies to grow larger by eliminating competition and gaining more market share. Big corporations could control the product cycle better through such integrations. Business leaders could move into jobs in similar status within merged entities. Big companies were not restricted from using horizontal integration to deal with competition.

Answer:

Large companies grow larger by merging with other companies or acquiring them.