Solved

Which of the Following Is a Proposition of the Institution-Based

Question 54

Multiple Choice

Which of the following is a proposition of the institution-based view? 


A)  Decisions based on bounded rationality should be avoided. 
B)  Dependency on informal constraints will always increase the political risks associated with a firm. 
C)  When formal constraints are unclear, informal constraints will play a larger role in reducing uncertainty and providing constancy to managers and firms. 
D)  Informal constraints always increases transaction costs for the firm.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents