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What business principle is the Fast Food Corporation implementing that could eventually create a monopoly through its acquisition of the following?

- Cattle ranches
- Slaughterhouse companies
- Potato farms
- Trucking companies
- Wheat farms
- Bakery cooperatives
- Land for growing tomatoes, lettuce, and cucumbers

A. Transportation
B. Vertical integration
C. Horizontal integration
D. Scientific management (Taylorism)

Sagot :

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Final answer:

The Fast-Food Corporation is implementing horizontal integration, which could lead to a monopoly. The Sherman Antitrust Act of 1890 played a crucial role in deterring monopolistic practices and promoting market competition in American economic history.


Explanation:

Business Principle Implemented by Fast-Food Corporation

The Fast-Food Corporation is implementing horizontal integration, which could eventually create a monopoly. Horizontal integration involves a company acquiring or merging with competitors operating in the same industry, leading to increased market share and control.

Standard Oil's formation of a trust in the 1880s and subsequent dissolution due to the Sherman Antitrust Act of 1890 exemplify the consequences of monopolistic practices in American economic history.

The Sherman Antitrust Act of 1890 aimed to deter monopolistic behavior and restrain trade, laying the groundwork for future antitrust legislation to promote market competition.


Learn more about Monopoly and Antitrust Regulation here:

https://brainly.com/question/40180537


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