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SHANISTEWRATSHISHI SHANISTEWRATSHISHI
  • 05-03-2016
  • History
Answered

Which of the following is a business practice used to reduce costs by controlling all aspects of production in an industry?

Verified Answer :

HistoryGuy HistoryGuy
  • 10-03-2016

It would be "vertical integration" that is a business practice that is used to reduce costs by controlling all aspects of production in an industry, since this eliminates competition and "streamlines" the production process. 

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