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    Management Information Systems Study Set 8
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    Exam 3: Information Systems, Organizations, and Strategy
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    The Costs Incurred When a Firm Buys on the Marketplace
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The Costs Incurred When a Firm Buys on the Marketplace

Question 70

Question 70

Multiple Choice

The costs incurred when a firm buys on the marketplace what it cannot make itself are referred to as


A) switching costs.
B) transaction costs.
C) procurement.
D) agency costs.

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