Business leaders maintained control of production and distribution of their products in the late nineteenth century to utilize vertical integration.
A strategy in which a company takes direct ownership of various stages of its production process rather than relying on external contractors or suppliers is vertical integration.
Thus, vertical integration is a form of business which is all controlled by one company which includes all stages of production of a good, from the acquisition of raw materials to the retailing of the final product.
There are three types of vertical integration: backward integration, forward integration and combined integration.
Learn more about vertical integration here:
https://brainly.com/question/19815172
#SPJ4
