In Practice, the Cost-Minimization Strategy Can Be More Expensive Than

Multiple Choice

In practice, the cost-minimization strategy can be more expensive than the opportunity-maximization strategy.Which of the following is a way in which the cost-minimization strategy is LESS expensive than the opportunity-maximization strategy?

A) Loss of unexpected opportunities
B) Cost of extensive monitoring mechanisms
C) Costs of writing detailed contracts
D) Prevention of opportunistic behavior by the partner(s)