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ExercisesSection 2: Defining Transaction Cost TheorySection 3: Relating Uncertainty & Bounded RationalitySection 4: Having Few, Opportunistic SuppliersSection 5: Understanding Risk & Specific Assets
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Introduction to Organizational Theory
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4 CQ
Learn about environmental complexity, dynamism, and richness, and how these factors contribute to the success or failure of a business or organization.
with MeanThatLearn about environmental complexity, dynamism, and richness, and how these factors contribute to the success or failure of a business or organization.
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5 CQ
Explore the basics of resource dependence theory, including its definition, what it means for a resource to be scarce, and how organizations interact.
with MeanThatExplore the basics of resource dependence theory, including its definition, what it means for a resource to be scarce, and how organizations interact.
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4 CQ
Learn about transaction costs, including creating agreements with external trading partners and hiring internal managers to keep transaction costs low.
with MeanThatLearn about transaction costs, including creating agreements with external trading partners and hiring internal managers to keep transaction costs low.
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6 CQ
Gain an understanding of different organizational models that support the transaction cost theory, including the Keiretsu model, franchising, and outsourcing.
with MeanThatGain an understanding of different organizational models that support the transaction cost theory, including the Keiretsu model, franchising, and outsourcing.
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