Strategic choices are selected within and constrained by institutional frameworks in developed economies.
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Q6: In Porter's diamond model, the four factors
Q7: Company A purchases its supplies directly from
Q8: Relying on informal connections is a strategy
Q9: The more members a relationship-based exchange network
Q10: Opportunism fosters transaction costs.
Q12: Formal, market-supporting institutions lower transaction costs and
Q13: With his diamond model, Porter describes the
Q14: Uncertainty involved in transactions of any kind
Q15: Economic crises have always been considered to
Q16: The key role of institutions is increasing
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