Informal Linkage Mechanisms Should Be Used When Companies

question 43

Multiple Choice

Informal linkage mechanisms should be used when companies:

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

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Definitions:

Narrowly Defined

Describing something in a very specific, limited manner, often focusing on a small scope or detail.

Ethical Perspective

The consideration of moral principles and values in decision-making processes, often guiding an individual or organization's behavior.

Widely Used

Describes something that is commonly or extensively utilized by a broad range of people or in various contexts.

Ethical Decision Making

involves making choices that are consistent with one's ethical values and the ethical values of the organization or society, considering the impact on all stakeholders.