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What term describes when a firm has minimized the extent to which the exchange of goods and services in the vertical chain has been organized to minimize coordination, agency and transaction costs? (a) Agency efficiency (b) Technical efficiency (c) Lean compliant (d) Economizing (e) Six sigma compliant

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What term describes when a firm has minimized the extent to which the exchange of goods and services in the vertical chain has been organized to minimize coordination, agency and transaction costs?

(a) Agency efficiency

(b) Technical efficiency

(c) Lean compliant

(d) Economizing

(e) Six sigma compliant