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We Studied the Notion of Institutional Similarity and the Reasons

question 30

Essay

We studied the notion of institutional similarity and the reasons for it. Develop your own theory about the effects of the tendency for institutional similarity on business success.


Definitions:

Futures Contracts

Agreements to buy or sell an asset at a future date for a price that is determined today.

Hedge Cost

The expense associated with implementing a hedging strategy to minimize or manage financial risk.

Bushels

A unit of volume that is used in the United States for measuring agricultural commodities.

Swap Contract

A financial agreement where two parties exchange liabilities or cash flows from two different financial instruments.

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