Make or buy strategy decision making in supply quality chain
نویسندگان
چکیده
منابع مشابه
Make , Buy , or Cooperate ?
In 1937, Ronald Coase argued that firms will exist only in environments in which firms perform better than markets could. To create space for firms, Coase suggested that some environments might be plagued by “transaction costs” that cause markets to perform poorly. Coase’s paper was to become the cornerstone of the economic theory of the firm (i.e., the “make or buy” decision: which activities ...
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The “transaction cost” theory of the firm introduced by Coase (1937) has become a standard framework for the study of institutional arrangements. The Coasian framework helps explain not only the existence of the firm, but also its size and scope. Why, in Coase’s (1937, pp. 393–94) words, “does the entrepreneur not organize one less transaction or one more?” Some firms are highly integrated: IBM...
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during recent years, determining appropriate strategy in the supply chain has become an important strategic issue. however, the nature of these decisions usually is complex and unstructured. to determine the best supply chain strategy, many quantitative and qualitative attributes such as cost, responsiveness and flexibility can be taken into account. in order to approximate the human subjective...
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Sixty-five years ago, Ronald Coase (1937) asked what determines whether production will be organized in a firm or through the market, later coined the "make-or-buy" decision. This question was put center stage by Oliver Williamson (1975, 1985) who further developed transaction-costs economics (TCE), arguing that incomplete contracts and specific relationships overshadowed by opportunism, asymme...
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ژورنال
عنوان ژورنال: international journal of industrial engineering computations
سال: 2012
ISSN: 1923-2926,1923-2934
DOI: 10.5267/j.ijiec.2011.12.005