How did horizontal integration businesses? (5 points)question 1 options: 1) it reduced the costs along the supply chain, from mining to transportation to manufacturing.2) it established a company as a monopoly by incorporating all of the competition.3) it assigned one worker to a job, which reduce wasted time and accelerate manufacturing.4) it provided quick and easy access to transportation methods, such as canals, rivers, and railways.

2.

Explanation:

Horizontal integration is defined as a monopoly formed by controlling all of the same type of businesses.

Examples, Exxon Mobil.

Characteristics:

-Less control. Dependent upon others to play their part.

-Leverage. These companies are able to benefit from the success of everyone in the value chain.

-Collaboration. Requires frequent, open, trusting partner collaboration. Lack of trust kill this model.

-Flexibility over maximum efficiency.

-Attitude towards partners. Abundant mentality. The idea of helping your patners succeed. Having your entire value chain compete with other value chains.

This characteristics are the bases to develop a competitive strategy that can create economies of scale, increase market power over distributors and suppliers, increase product differentiation and help businesses expand their market or enter new markets.

the third answer is correct.

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