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Pitelis Defines a Quasi-Stable and Durable, Formal or Informal Arrangement

Question 1

Multiple Choice

Pitelis defines a quasi-stable and durable, formal or informal arrangement between two or more independent firms, aiming to further the perceived interests of the parties involved as ______.


A) inter-firm cooperation
B) subcontracting
C) market exchange
D) both inter-firm cooperation and subcontracting

Correct Answer:

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