1.What is the concept of 'normal accidents'? what causes them? 2.What is the rational choice theory and bounded rational theory? Example? What is
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1.      What is the concept of "normal accidents"? what causes them?


2.      What

is the rational choice theory and bounded rational theory? Example?  What is their similarity and difference?


3.      How Transaction Cost Theory can be used to explain when firms emerge as a primary mechanism to provide goods and services over markets. How Transaction Cost Theory can be used to understand the make versus buy decisions.

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