Transaction Cost Management


Transaction Cost Management
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Transaction Cost Management


Transaction Cost Management
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Author : Chihiro Suematsu
language : en
Publisher: Springer
Release Date : 2014-08-07

Transaction Cost Management written by Chihiro Suematsu and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-08-07 with Business & Economics categories.


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...



Managing Business Transactions


Managing Business Transactions
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Author : Paul H. Rubin
language : en
Publisher:
Release Date : 1993-08-23

Managing Business Transactions written by Paul H. Rubin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993-08-23 with Business & Economics categories.


The transaction, the basic unit of business has been studied by theoretical economists for decades. Rubin has translated their research into basic principles for managers at all levels to structure transactions to best achieve both individual and company goals. Rubin analyzes and offers strategies for transactions of all kinds. This is the first book on the principles of a "new managerial economics", based on transaction cost economics.



Managing Transaction Costs In The Era Of Globalization


Managing Transaction Costs In The Era Of Globalization
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Author : F. A. G. den Butter
language : en
Publisher: Edward Elgar Publishing
Release Date : 2012

Managing Transaction Costs In The Era Of Globalization written by F. A. G. den Butter and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Political Science categories.


This timely book presents practical applications of modern economic theories to trade, transaction costs and institutions within both business and governmental realms. Frank A.G. den Butter explains the importance and means of keeping transaction costs as low as possible. He illustrates how this transaction management can contribute to making firms and nations more competitive by exploiting gains from the division of labour and international fragmentation of production, and uses relevant case studies to illustrate how value is created by reducing transaction costs. Policy recommendations for strengthening the competitive position of trading nations and reducing implementation costs of government policy are presented, and management methods for creating value in organizing production on a global scale are prescribed. A wide-ranging audience encompassing economists in academia, government and business; managers in industry and government; and students of economics, business and globalization will find this book to be a crucial reference tool.



Process Based Transaction Cost Analysis


Process Based Transaction Cost Analysis
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Author : Hans Knutsson
language : en
Publisher:
Release Date : 2000

Process Based Transaction Cost Analysis written by Hans Knutsson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with categories.




Firms Markets And Hierarchies


Firms Markets And Hierarchies
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Author : Glenn R. Carroll
language : en
Publisher: Oxford University Press
Release Date : 1999-01-28

Firms Markets And Hierarchies written by Glenn R. Carroll and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-01-28 with Business & Economics categories.


This book examines transaction cost economics, the influential theoretical perspective on organizations and industry that was the subject of Oliver Williamson's seminal book,Markets and Hierarchies (1975). Written by leading economists, sociologists, and political scientists, the essays collected here reflect the fruitful intellectual exchange that is occurring across the major social science disciplines. They examine transaction cost economics' general conceptual orientation, its specific theoretical propositions, its applications to policy, and its use in systematic empirical research. The chapters include classic texts, broad review essays, reflective commentaries, and several new contributions to a wide range of topics, including organizations, regulations and law, institutions, strategic management, game theory, entrepreneurship, innovation, finance, and technical information. The book begins with an overview of theory and research on transaction cost economics, highlighting the specific accomplishments of scholars working within the perspective and emphasizing the enormous influence that transaction cost reasoning exerts on the social sciences. The following section covers conceptual uses for the transaction cost framework and major theoretical or methodological elements within it, such as bounded rationality. While advancing some interesting theoretical propositions, these chapters are in fact more ambitious: each examines a specific field, area, or research program and attempts to fashion a new way of thinking about research questions. In the section on industrial applications, contributors study the application of transaction cost theory to a range of problems in utilities, telecommunications, laser printing, and early international trade. The book closes with four microanalytical chapters that delve into the structures and behaviors of specific aspects of firms and organizations: boards of directors, equity structures, employment models, human resource policies and practices, technology strategies, and innovation events. Firms, Markets, and Hierarchies collects excellent social science work on transaction cost economics, taking stock of its status, charting its future development, and fostering its renewal and evolution.



Transaction Cost Economics And Beyond


Transaction Cost Economics And Beyond
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Author : Michael Dietrich
language : en
Publisher: Routledge
Release Date : 2008-01-28

Transaction Cost Economics And Beyond written by Michael Dietrich and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-01-28 with Business & Economics categories.


In recent years transaction cost economics have come to dominate the discussion of the nature and organization of firms. In Transaction Costs Economics and Beyond Michael Dietrich offers a critical exploration of transaction costs. He argues that whilst they have much to offer, they are still an inadequate basis for a general theory of the firm. Drawing on theories of organizational behaviour as well as economics, he concludes by offering a theory of the firm that allows for both hierarchical and creative decision making.



Cost Management


Cost Management
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Author : K. P. Gupta
language : en
Publisher: Global India Publications
Release Date : 2009

Cost Management written by K. P. Gupta and has been published by Global India Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Activity-based costing categories.


Innovation and cost management are the key requirements for companies to survive the current global economic crisis. Cost management not only leads to incremental performance improvement bur also to transformational change across the value chain. Cost management is viewed as part of a larger business process to influence decisions on pricing and profitability across several dimensions: product, customer, region, and distribution channel.In this book you can learn how your costing process aligns with industry best practices, and be on the leading edge of emerging practices such as value chain costing, shared services costing and outsourcing.This book also tells us how cost management and accounting are being put into practice.



Cost Management In Supply Chains


Cost Management In Supply Chains
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Author : Stefan Seuring
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-03-09

Cost Management In Supply Chains written by Stefan Seuring and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-09 with Business & Economics categories.


Supply Chain Management and Cost Management are important developments helping companies to respond to increased global competition and demanding customer needs. Within the 23 chapters of the book, more than 35 authors provide insights into new concepts for cost control in supply chains. The frameworks presented are illustrated with case studies from the automotive, textile, white goods, and transportation industry as well as from retailing. Academics will benefit from the wide range of approaches presented, while practitioners will learn from the examples how their own company and the supply chains which they compete in, can be brought to lower costs and better performance.



Pricing Health Services Transaction Cost Approach


Pricing Health Services Transaction Cost Approach
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Author : Monika Raulinajtys-Grzybek
language : en
Publisher: Anchor Academic Publishing (aap_verlag)
Release Date : 2015-03-04

Pricing Health Services Transaction Cost Approach written by Monika Raulinajtys-Grzybek and has been published by Anchor Academic Publishing (aap_verlag) this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-03-04 with Business & Economics categories.


The study is the result of the research on the transaction costs of the pricing of health services. Due to the fact that the regulations in terms of pricing include activities that lead to price-setting of a good (health service), costs associated with these activities should be treated as transaction costs. According to the assumptions of classical economics, the price should be set at the intersection of the supply and demand curve under the assumption of full information and rationality of market participants. The primary objective of the study is to identify the transaction costs occurring during the pricing of health services (and relate these cost to the institutional environment and the organization of pricing transaction) and characterize the factors that affect the level of transaction costs – to present the force and direction of the relationship between each of the factors and the level of transaction costs. An additional objective of this study is to link the conclusions about the level of transaction costs to the conclusions regarding the accuracy of the cost-based pricing in health care. The accuracy of the pricing system is related to the degree to which the price structure reflects the actual cost structure of the health services. The institutional approach will add up to the existing research on the importance of cost information for the pricing of health services. The empirical part of the work was carried out based on the analysis of primary and secondary sources. Its aim was to present how pricing is organized in seventeen countries selected.



Determinants And Management Of Make And Buy


Determinants And Management Of Make And Buy
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Author : Anna Krzeminska
language : en
Publisher: Springer Science & Business Media
Release Date : 2008-11-26

Determinants And Management Of Make And Buy written by Anna Krzeminska and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-11-26 with Business & Economics categories.


Anna Krzeminska develops an extension to the TCE framework which spotlights uncertainty as a main explanatory variable. This approach not only enables an explanation of determinants, management mechanisms, and performance implications of different make-and-buy types but also contributes to a better understanding of the categorization of economic institutions.