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While operating as an independent gm supplier

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Reference no: EM131768903

While operating as an independent GM supplier, Fisher Body seemed to be operating under what contracting philosophy (perhaps erroneously)?

  1. Relational contracting (bilateral governance) in which GM requested greater output and closer location and Fisher decided to maintain volumes and original location
  2. Neoclassical contracting in which a third party or intermediary could arbitrate or referee disputes between the companies and keep the relationship positive
  3. Classical contracting or market governance in which each party operated within the explicit framework of the contract (although either could take the other to court if there was a dispute)
  4. None of these contracting and governance practices or philosophies describes Fisher Body's behavior towards GM.

Reference no: EM131768903

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