Click Here to Download: https://ouo.io/0AMlap 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.