Which of the following statements about the difference between transaction cost theory and resource dependence theory is true?
A)Resource dependence theory proposes the use of strategic alliances, but transaction cost theory recommends not using alliances.
B)Transaction cost theory is a better predictor of why companies choose a certain form of interorganizational strategy.
C)Transaction cost theory proposes the use of a merger as an interorganizational strategy and resource dependence theory does not.
D)Transaction cost theory considers how an organization can manage its environment but resource dependence theory does not.

Question

Quizplus · Accepted Answer

Transaction cost theory focuses on minimizing costs associated with transactions and is often used to explain why companies choose specific interorganizational strategies, such as vertical integration, to reduce these costs.

Which of the Following Statements About the Difference Between Transaction