________ Theory Suggests That Under Conditions of High Uncertainty, Firms

question 76

Multiple Choice

________ theory suggests that under conditions of high uncertainty, firms may be unwilling to commit to a particular course of action by engaging in an exchange with a firm and will choose, instead, the strategic flexibility associated with alliances.

• A) Capabilities
• B) Real options
• C) Transaction cost economics
• D) Resource-based

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Definitions:

Sister Chromatids

Identical copies of a chromosome connected together by a centromere, produced during DNA replication.

Mitotic Spindle

A structure composed of microtubules that separates chromosomes into daughter cells during cell division.

Centromere

The region on a chromosome where two sister chromatids are joined and where the spindle fibers attach during cell division.

Animal Zygote

The initial cell formed when two gamete cells (egg and sperm) are joined by means of sexual reproduction, marking the beginning of a new organism's development.