Hello, I was wondering what type of relationship should I form if both asset specificity and transaction costs are high, according to Transaction cost economics?
I chose RFP because is used for purchasing items that are more complex or expensive. The other 3 answers are Transactional Relationship, Strategic alliance/insource, and Outsource.
Thank you!
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s wondering what type of relationship should I form if both asset specificity and transaction costs are high, according to Transaction cost economics?…
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