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Transaction Cost Management

Transaction Cost Management

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9783319068886
Condition
New
Product 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. This open access book analyzes and describes transactions as a model.

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