Transaction Cost Management Strategies and Practices for a Global Open Economy 2014th Edition by Chihiro Suematsu ISBN 3319068886 9783319068886

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Product details:

ISBN 10:       3319068886
ISBN 13: 978-3319068886
Author:         Chihiro Suematsu

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…

Transaction Cost Management Strategies and Practices for a Global Open Economy 2014th Table of contents:

1. Transaction Cost

2. Transaction Interface: Organization, Process, and System

3. Standard as Interface

4. Module and Interface

5. Coevolution of Markets and Organizations

6. Methodologies for Designing and Managing Interfaces, Modules, Standards, and Processes

7. Transaction Cost in Economics

8. Application Examples of Transaction Cost Measurement and Analysis to Management

9. Logical Thinking/Creative Thinking

10. Innovation and Transaction Cost

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