the list below describes a business strategy used during the late 1800s.\n• strategy implemented by andrew…

the list below describes a business strategy used during the late 1800s.\n• strategy implemented by andrew carnegie\n• production stages owned or controlled by one corporation\n• profit increased by achieving economies of scale and maintaining quality control\nwhich business strategy is described?\na vertical integration\nb strategic marketing\nc strategic outsourcing\nd horizontal integration
Answer
Brief Explanations:
Vertical integration involves a company owning or controlling different production - stages. Andrew Carnegie used this strategy to increase profit through economies of scale and quality control. Strategic marketing focuses on promoting products, strategic outsourcing is about contracting out work, and horizontal integration is about acquiring competitors in the same stage of production.
Answer:
A. vertical integration