Economic organization in the capitalist economy is achieved through markets by the price mechanism and through firms by internal administration.
Correct Answer:
Verified
Q3: Transaction costs of markets include search costs
Q8: During the past three decades,increased emphasis on
Q11: One of the advantages of a company
Q12: A major factor causing the narrowing in
Q14: By offering the possibility of repeat business,the
Q15: Manufacturers of final products such as motor
Q16: Alfred Chandler described the administrative mechanism of
Q16: Managing vertically-related businesses that are strategically very
Q19: For most of the 20th century companies
Q34: In fashion clothing,one reason why mass-market distributors
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents