How did Ford implement vertical integration? What benefits were they looking for? What were the risks involved in the vertical integration? Why didn't Ford in the early days set out to diversify their product offerings?

Vertical mix is epitomized by one firm occupied with various pieces of creation (e.g., developing crude materials, fabricating, shipping, promoting, or potentially retailing). Vertical incorporation is how much a firm claims its upstream providers and its downstream purchasers.

Ford broke its worth chain into 9 key strides so as to accomplish vertical mix

Item Planning and Design
Co-ordinations
Crude Material Extraction
Get together and Painting
Deals
Utilization of vehicle
Administration
End of life

This helped passage to concentrate independently on each progression and work in an organized way.

Passage needed to control its expenses and increment its benefit and the best way to do that was to control the procedure start to finish.

Risk associated with vertical mix

Significant expenses of execution
May make showcase section obstructions
Obstruction from existing inventory network accomplices can unfavorably influence the creation
Diminished adaptability because of upstream and downstream ventures