social inequality

Essay specific features

 

Issue:

Social Issues

 

Written by:

Tonia E

 

Date added:

March 27, 2011

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 394

 

Was viewed:

906 times

 

Rating of current essay:

 
Essay content:

The inter-organizational relationships are most manifest in commercial transactions, in which goods or services are exchanged from one organization to another. Williamson (1975) has stated that transaction costs will rise when the unpredictability and uncertainty of events increases, and/or when transactions require very specific investments, and/or when the risk of opportunistic behavior of other organizations is high...
displayed 300 characters

Custom written essay

All essays are written from scratch by professional writers according to your instructions and delivered to your email on time. Prices start from $10.99/page

Order custom paper

Full essays database

You get access to all the essays and can view as many of them as you like for as little as $28.95/month

Buy database access

Order custom writing paper now!

  • Your research paper is written
    by certified writers
  • Your requirements and targets are
    always met
  • You are able to control the progress
    of your writing assignment
  • You get a chance to become an
    excellent student!

Get a price guote

 
 

Williamson argues the higher transaction costs are, the more likely transactions will take place within hierarchically organized firms. That is, when transaction costs are high, firms tend to choose vertical integration in order to control the transaction process. If transaction costs are low, that is; are straightforward, non- repetitive and require no transaction-specific investments, then the market is the optimal choice...
displayed 300 characters

General issues of this essay:

Related essays:

x
Services