Xi) Need To Understand The 3 Conditions For Competing In A Modular World, Ie Non-Integrated Specialist

i) specificability, ie specifications known

ii) verifiability, ie able to measure attributes so that specifications can be verified

iii) predictability, ie interdependencies across the customer-supply interface are known

If these 3 conditions are satisfied, then there is sufficient information for an efficient market to emerge at the interface

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