Answered You can hire a professional tutor to get the answer.
s wondering what type of relationship should I form if both asset specificity and transaction costs are high, according to Transaction cost economics?...
Hello, I was wondering what type of relationship should I form if both asset specificity and transaction costs are high, according to Transaction cost economics?
I chose RFP because is used for purchasing items that are more complex or expensive. The other 3 answers are Transactional Relationship, Strategic alliance/insource, and Outsource.
Thank you!