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

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

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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. T...

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Bibliographic Details
Main Author: Suematsu, Chihiro (Author)
Corporate Author: SpringerLink (Online service)
Format: Electronic eBook
Language:English
Published: Cham : Springer International Publishing : Imprint: Springer, 2014.
Edition:1st ed. 2014.
Series:Management for Professionals,
Subjects:
Business information services.
Industrial organization.
Production management.
IT in Business.
Organization.
Operations Management.
Industrial Organization.
Online Access:Link to Metadata
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Summary: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.
Physical Description:XVII, 273 p. 31 illus. online resource.
ISBN:9783319068893
ISSN:2192-810X
DOI:10.1007/978-3-319-06889-3
Access:Open Access

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