The cost of negotiating, developing and managing an inter-organisational relationship are

Question

Quizplus · Accepted Answer

The cost of negotiating, developing and managing an inter-organisational relationship is referred to as transaction costs. These costs include a wide range of expenses, such as legal fees, due diligence costs, coordination costs, and communication costs. They arise from the need to align goals and coordinate actions across organisational boundaries. Therefore, option B is the best choice.

The Cost of Negotiating, Developing and Managing an Inter-Organisational Relationship