A _____ perspective argues that the desirable governance structure (high- versus low-control mode) will depend on the comparative transaction costs, that is,the costs of running an operation.

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The transaction-cost economics perspective argues that the choice of governance structure, whether high-control or low-control, depends on the comparative transaction costs, which are the costs associated with running an operation. This perspective is focused on understanding and minimizing the costs of transactions and operations within an organization.

A _____ Perspective Argues That the Desirable Governance Structure (High-