ENGLISH

Transaction Cost Management: Strategies and Practices for a Global Open Economy

By Chihiro Suematsu (auth.)

Book information

Publisher
Springer International Publishing
Year
2014
ISBN
978-3-319-06888-6, 978-3-319-06889-3
DOI
10.1007/978-3-319-06889-3
Language
english
Format
PDF
Filesize
4 MB (4399113 bytes)
Series
Management for Professionals
Edition
1
Pages
273\287
Time added
2014-11-10 20:00:00
Business Information Systems; Organization/Plannin

Description

All organizations, institutions, business processes, markets and strategies have one aim in common: the reduction of transaction costs. This aim is pursued relentlessly in practice, and has been perceived to bring about drastic changes, especially in the recent global market and the cyber economy. This book analyzes and describes “transactions” as a model, on the basis of which organizations, institutions and business processes can be appropriately shaped. It tracks transaction costs to enable a scientific approach instead of a widely used “state-of-the-art” approach, working to bridge the gap between theory and practice.

Similar books