Transaction Cost Management

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    Transaction Cost Management
    Strategies and Practices for a Global Open Economy
    By: Chihiro Suematsu
    Publisher:
    Springer
    Print ISBN: 9783319068886, 3319068881
    eText ISBN: 9783319068893, 331906889X
    Copyright year: 2014
    Format: EPUB
    Available from $ 84.99 USD
    SKU 9783319068893
    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.
     

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