Multiple Choice
Williamson says that market failure problems that result from contracting through vertical integration can be solved through ______, ______ and ______.
A) organizational design/innovation/creative destruction
B) information flows/negotiating costs/incentive alignment
C) managing uncertainty/being boundedly rational/being fast to market
D) none of these
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Opportunism means:<br>A) breaching the spirit of a
Q3: What is concurrent sourcing?<br>A) using different suppliers<br>B)
Q4: When does Parmigiani argue that make-and-buy is
Q5: TCE has been criticized for its _
Q6: What types of organization did Ouchi add
Q7: What is an advantage of large, well-resourced
Q8: A transaction is _ while _ is
Q9: In TCE, asset specificity means:<br>A) the degree
Q10: When does TCE argue outsourcing will occur?<br>A)
Q11: According to van Marrewijk, the central M&A