Traditional thinking about the most appropriate form of governance has cast the decision as somewhat of a dichotomous choice between hierarchy (i.e., internal sourcing) and market (i.e., external sources). Prior works have developed the image of ____________ governance as an arm's length relationship between the customer and the supplier organization.

Question

Quizplus · Accepted Answer

Market governance is typically described as an arm's length relationship between the customer and the supplier, contrasting with hierarchical governance, which involves internal sourcing and control.

Traditional Thinking About the Most Appropriate Form of Governance Has