Informal Linkage Mechanisms Should Be Used When Companies

question 70

Multiple Choice

Informal linkage mechanisms should be used when companies:

• A)exchange nonspecific goods and have few possible exchange partners.
• B)have many possible exchange partners and uncertainty is high.
• C)exchange specific goods and have many possible exchange partners.
• D)exchange nonspecific goods and uncertainty is low.

---

Definitions:

Law

A system of rules created and enforced through social or governmental institutions to regulate behavior, with its precise definition a matter of longstanding debate.

Character Counts

A phrase emphasizing the importance of ethical conduct and integrity in personal and professional life.

Work Hard

The act of exerting significant effort and diligence in completing tasks or achieving goals.

Communicate

The process of transmitting information, ideas, emotions, skills, and knowledge from one individual or group to another through the use of mutually understood signs, symbols, and semiotic rules.