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Match these concepts related to valuing vertical integration. You will use terms more than once.

a. opportunism

b. flexibility

c. leverage capabilities

low when the cost of changing strategic choices is high

exchange partner demands a higher price than what was originally negotiated

firm should vertically integrate into activities where resources and capabilities meet the VRIO framework requirements

this is greatest when a party makes transaction-specific investments

how costly is it for a firm to alter strategic and organizational decisions

exists when a firm is unfairly exploited in an exchange

Operation Management, Management Studies

  • Category:- Operation Management
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