While operating as an independent GM supplier, Fisher Body seemed to be operating under what contracting philosophy (perhaps erroneously)?
- Relational contracting (bilateral governance) in which GM requested greater output and closer location and Fisher decided to maintain volumes and original location
- Neoclassical contracting in which a third party or intermediary could arbitrate or referee disputes between the companies and keep the relationship positive
- Classical contracting or market governance in which each party operated within the explicit framework of the contract (although either could take the other to court if there was a dispute)
- None of these contracting and governance practices or philosophies describes Fisher Body's behavior towards GM.