A firm is noticing that 10% of its freelance contacts are not being completed on time. They suspect this is because there are no consequences for lateness for the freelancers, but it costs the firm money. The firm decides to implement a penalty for lateness, and guidelines for dealing with contract violations. The firm is:(A) increasing opportunism.(B) focusing on values and beliefs rather than laws and regulations.(C) expanding the range of acceptable actions that firms can take.(D) attempting to reduce transaction costs through institutional frameworks.

(D) attempting to reduce transaction costs through institutional frameworks.

Explanation: Institutional frameworks are a system of formal rules, guidelines and regulations put in place by organizations in order to effectively regulate the activities or actions of individuals within or outside the Organisation.

It can also involve the sets of informal rules which includes customs,norms and traditional actions put in place to enhance or improve the efficiency of Organisation, which can include the reduction of Costs,increase in overall output and revenue etc.

one of the disadvantages of getting a government sponsored mortgage is they put a limit on the purchase price of the house. because the government is in charge of the mortage loan and terms, they are able to control how much money they are allowing someone to take out for the loan. not only are they incontrol, it's a lengthy process for a government sponsored mortgage.

a dunce cap for you, you assed this 2 weeks ago