Question
Frydlinger, D., O. Hart, and K. Vitasek. A new approach to contracts: how to build better longtermstrategic partnerships, Harvard Business Review, September-October 2013, 116-125 1.
Frydlinger, D., O. Hart, and K. Vitasek. A new approach to contracts: how to build better longtermstrategic partnerships, Harvard Business Review, September-October 2013, 116-125
1. Describe the concepts of hold-up and shading and explain why traditional contract wouldnot work as expected.
2. Discuss the key characteristics of 'formal relational contract' and explain when thiscontract should be used.
3. Do you think whether the 'formal relational contract' could work in Korea? Defend yourposition.
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Ethics Theory and Contemporary Issues
Authors: Barbara MacKinnon, Andrew Fiala
8th edition
9781305162846, 1285196759, 1305162846, 978-1285196756
