Analyze a decision or phenomenon in workplace

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Reference no: EM13730178

Analyze a decision or phenomenon in your workplace (or, with permission, a previous workplace or situation) using Coase's transaction-cost theory of the firm, especially as it relates to the make-or-buy decision.

Correctly identifies a genuine make-or-buy decision and clearly explains the decision context. Uses the transaction-cost theory of the firm to understand the make-or-buy decision. Applies subsidiary concepts (e.g., economies of scale, asset specificity, etc.) to understand the relevant factors. Provides a thorough analysis by weighing the arguments in favor of each option (making and buying) for the decision context in question. Provides enough detail to clearly substantiate conclusions, but is not burdened with unnecessary detail. Has logical organization with complete sentences well-structured paragraphs.

Make a case for each side of the argument, draw a nice contrast.

Reference no: EM13730178

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