Questions of what and how to produce become equally important as organizations strive to better serve demanding customers. As a result, the design and control of effective organizations structure has been described by the vertical and horizontal relationships among the firm, its customers and suppliers. More recently, researchers have come to understand that the efficiency of firms depends upon the ability of participants to find effective means to minimize the transaction costs of coordinating productive activity. so long as transaction costs remain low and property rights can be freely...
Questions of what and how to produce become equally important as organizations strive to better serve demanding customers. As a result, the design and...