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Transactions Costs and the Scope of the Firm

Transactions Costs and the Scope of the Firm. Which is more efficient : several specialist firms linked by markets, or the combination of these specialist firms under common ownership. VERTICAL PRODUCT GEOGRAPHICAL AREAS

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470 views • 33 slides

Vertical Integration and The Scope of the Firm

Vertical Integration and The Scope of the Firm. OUTLINE. Transactions Costs and the Scope of the Firm --Why does the firm exist? --The trend over time The Costs and Benefits of Vertical Integration Designing Vertical Relationships: Long-term Contracts and Quasi-Vertical Integration

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573 views • 12 slides

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High low informal - PowerPoint PPT Presentation

Transactions Costs and the Scope of the Firm

Vertical Integration and The Scope of the Firm