Which of the Following Statements About the Difference Between Transaction

question 49

Multiple Choice

Which of the following statements about the difference between transaction cost theory and resource dependence theory is true?

• A) Transaction cost theory proposes the use of a merger as an interorganizational strategy but resource dependence theory advocates the use of joint venture.
• B) Transaction cost theory explains how to manage symbiotic interdependencies but resource dependence theory explain how to manage competitive interdependencies.
• C) Transaction cost theory is a better predictor than a resource dependence theory of why companies choose a certain form of interorganizational strategy.
• D) Resource dependence theory proposes the use of strategic alliances, but transaction cost theory recommends not using alliances.

Acknowledge the complexities and necessity of managing change effectively in rapidly growing firms.

Understand how virtual teams and the Internet facilitate collaboration in new ventures.

Acquire knowledge on acquiring expertise and building an effective management structure in new ventures.

Understand the concept of equity distribution in new ventures and factors influencing it.

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Definitions:

Floor Space

Floor space refers to the total area available for a particular use within a building or structure, often measured in square feet or meters.