Which of the following interorganizational strategies help an organization minimize transaction costs and avoid bureaucratic costs?
A)Merging with another company
B)Outsourcing
C)Forming a joint venture
D)Obtaining minority ownership in other companies

Question

Quizplus · Accepted Answer

Outsourcing helps an organization minimize transaction costs by contracting out certain functions to external parties, thus avoiding the bureaucratic costs associated with managing these functions internally.

Which of the Following Interorganizational Strategies Help an Organization Minimize