Transaction cost theory argues that the goal of organizations is to minimize the costs of exchanging resources in the environment and the costs of managing exchanges inside the organization. What do organizations consider when trying to choose interorganizational strategies in order to minimize transaction costs and bureaucratic costs?
Paper instructions:
Transaction cost theory argues that the goal of organizations is to minimize the costs of exchanging resources in the environment and the costs of managing
exchanges inside the organization. What do organizations consider when trying to choose interorganizational strategies in order to minimize transaction costs and
bureaucratic costs?
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