Question: GIVE SHORT ANSWER QUICKLY. How do technological and institutional changes such as digitalization, big-data use, information and communication technologies (BIT), sharing-economy, certification (i.e., ISO quality

GIVE SHORT ANSWER QUICKLY.

How do technological and institutional changes such as digitalization, big-data use, information and communication technologies (BIT), sharing-economy, certification (i.e., ISO quality assurance), influence make-or-buy decisions of organizations? Discuss this issue with respect to the arguments of Transaction Cost Theory.

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