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Transaction Cost Management [electronic resource] : Strategies and Practices for a Global Open Economy / by Chihiro Suematsu.

By: Suematsu, Chihiro [author.].
Contributor(s): SpringerLink (Online service).
Material type: materialTypeLabelBookSeries: Management for Professionals: Publisher: Cham : Springer International Publishing : Imprint: Springer, 2014Description: XVII, 273 p. 31 illus. online resource.Content type: text Media type: computer Carrier type: online resourceISBN: 9783319068893.Subject(s): Business | Organization | Planning | Production management | Information technology | Business -- Data processing | Industrial organization | Business and Management | IT in Business | Organization | Operations Management | Industrial OrganizationAdditional physical formats: Printed edition:: No titleDDC classification: 650 | 658.05 Online resources: Click here to access online
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.
In: Springer eBooksSummary: 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.
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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.

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.

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