Which of the following best describes tapered integration?
A)A manufacturer produces some of all input quantity itself
B)A manufacturer purchases all input quantity from independent firms
C)A manufacturer produces some of an input quantity itself and purchases the remaining portion from independent firms
D)A manufacturer produces some of all input quantity from its competitors
E)None of the above

Question

Quizplus · Accepted Answer

Tapered integration involves a manufacturer producing some of an input quantity itself and purchasing the remaining portion from independent firms. This allows the manufacturer to have control over the production process while also benefiting from the expertise and efficiency of independent firms.

Which of the Following Best Describes Tapered Integration