Tapered integration is a term from organization theory that refers to a mix of vertical integration and market exchange. Upstream, a producer might manufacture some of the input itself and buy the remaining portion from independent firms.
Tapered integration is a term from organization theory that refers to a mix of vertical integration and market exchange. Upstream, a producer might manufacture some of the input itself and buy the remaining portion from independent firms.
Source: Wikipedia "Tapered integration" · CC BY-SA 4.0
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