When an Organization Relies on a Small Number of Trading

question 44

Multiple Choice

When an organization relies on a small number of trading partners,

• A)the risk of opportunism increases.
• B)bounded rationality decreases.
• C)bounded rationality increases.
• D)the risk in investing in specific assets decreases.

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Definitions:

Paradigm Shift

A fundamental change in approach or underlying assumptions in a scientific domain or a social or organizational context.

Bulleted Lists

A format used to itemize information, making it easier to read or scan through points.

Numbered Lists

An ordered presentation of items or ideas, where each entry is numbered to show sequence or importance.

Comprehension

The ability to understand and grasp the meaning or significance of something, such as a text or situation.