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The first concern in determining whether a relationship should be based on contract or equity is:
a. The kind of resources and capabilities that are shared.
b. Direct monitoring and control.
c. Real options.
d. Institutional constraints.
e. None of the above.
Implementing
Refers to the process of putting plans or decisions into action in a systematic way.
Intensive Technology
A type of technology that requires a high degree of skill, knowledge, or input to produce outputs.
Uncertainty
The state of having limited knowledge or understanding, making it difficult to accurately predict outcomes or make decisions.
Group Of Specialists
A team composed of individuals with advanced knowledge and skills in specific fields or areas of expertise.
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