Transaction Cost Management Strategies and Practices for a Global Open Economy /

• Main Author: Suematsu, Chihiro (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2014.
• Series: Management for Professionals,
• Subjects: Business.; Organization.; Planning.; Production management.; Information technology.; Business > Data processing.; Industrial organization.; Business and Management.; IT in Business.; Operations Management.; Industrial Organization.

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. T...

Table of Contents:

• Introduction
• Transaction Cost
• Transaction Interface: Organization, Process, System
• Standard as an Interface
• Module and Interface
• Co-evolution of Markets and Organizations
• Design and Operation Methodologies of Interfaces
• Transaction Costs in Economics
• Applications of Managerial Measurements and Analyses of Transaction Costs
• Logical and Creative Thinking
• Innovation
• Postscript.