Vertical integration by industrial firms during the major part of the 20^th century was motivated primarily by firms' desire for: A)Reducing costs B)Securing scare inputs C)Reducing risk and improving coordination D)Increasing speed

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Vertical integration during the major part of the 20th century was motivated primarily by firms' desire to reduce risk and improve coordination. By integrating vertically, firms could control more aspects of their production process and reduce their reliance on external suppliers. This allowed them to better coordinate their activities and respond quickly to changes in the market. While reducing costs and securing scarce inputs were also factors, they were not the primary drivers of vertical integration during this period. Increasing speed was not a major consideration either, as transportation and communication technologies were not yet advanced enough to make speed a significant factor in production.

Vertical Integration by Industrial Firms During the Major Part of the 20th

Vertical Integration by Industrial Firms During the Major Part of the 20^th