TCE postulates that human actors are characterized by ______, ______ and ______.
A) creativity/opportunism/strategic foresight
B) bounded rationality/bounded business units/unbounded energy
C) bounded rationality/opportunistic behaviour/feasible foresight
D) none of these
Correct Answer:
Verified
Q3: Vertical integration occurs:
A) when a firm competes
Q4: Outsourcing occurs when:
A) activities that were previously
Q5: The alternative to market transactions in TCE
Q6: According to TCE, the boundary of the
Q7: The 'father' of TCE is:
A) Karl Marx
B)
Q9: What is TCE's key question?
A) whether transactions
Q10: Bounded rationality means:
A) we never have perfect
Q11: Opportunism means:
A) breaching the spirit of a
Q12: Feasible foresight means that parties to a
Q13: In TCE uncertainty means:
A) being lost in
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