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    greatest attention. Some papers extended the TCA theory by adding institutional factors into the given framework (Brouthers 2002; Lu 2002). Others argued that institution affects the entry mode decision by increasing the cost of uncertainty and transaction (Said and McDonald 2002; Meyer 2000). Further factors which have been examined empirically are: technology transfer (Mattoo

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    Organizational Structure and Design Portfolio An organization’s environment is a set of forces that surround the organization. The forces have the potential to affect the way an organization operates and how the organization handles the changing environment pressures. As a result of the changing environmental pressures, crucial tasks for organizations are to embrace, control, and adapt to the changes. At times, organizations may prefer to decide to alter its structure and design to create different

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    Contract Types There are multiple factors that influence the type(s) of contract(s) utilized/selected within a project. Some of these factors include: the level of uncertainty related to the scope of work, the amount of project risk willing to be assumed, importance of meeting schedule milestone dates, and the need for projected costs, among others (Darnall & Preston, 2013). Whatever the driving factors are in the selection process, once established, the type of contract selected can have a significant

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    and how it is used in the real world, this would be followed by a full explanation of the advantages and disadvantages of relational contracting, supported by real case studies and how some of the advantages in turn might lead to the saving in transaction costs. Managing the relationship between various parties is becoming crucial as the industry is moving from fragmented and adversarial ways of working. Under less- adversarial procurements routes and contractual arrangements such as partnering

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    Institutional Environment as a Determinant of Chinese Private Firm Export Behaviors:Does productivity counter the effect of institutional environment? We introduce “institutional environment” as a measure of the degree to which policies and institutes in one region differ from those in another region in china, where market are distorted across space and region[1]. We employ a modified heterogeneous firm model developed by Mayer and Melitz et al(2011)[12] to examine whether such institutional environment

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    Written Summary Question: Explaining the role of 'suppliers' in an organization's microenvironment. Discuss the impact the supplier environment might have on the marketing of soft drinks. Definition of suppliers: Firms and individuals that provide the resources needed by the company to produce its goods and services (lecture 3, p10). This includes materials and parts, capital items, supplies and service. (Diagram 1.4) The Role of suppliers Suppliers play a vital role in an organization's microenvironment

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    Communication Actitivy

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    and thus minimizing the amount of currency that the Company has on hand at any point in time during the week. Additionally, the use of the bank on the daily basis facilitates the control of cash because it creates a double record of all bank transactions - one by the Company and one by the bank. Also we recommend that all receipts be deposited in the bank on a daily basis

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    theory I will touch on is the Social Exchange Theory (SET) presented by George Homans. The concept of the social exchange theory involves “actions contingent on the rewarding reactions of others, which over time provide for mutually and rewarding transactions and relationships” (Cropanzano &Mitchell, 2005, p.890). Homan introduced this theory with the understanding that exchanges are not limited to materials but also include symbolic values (p. 890). In the social exchange theory multiple entities,

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    Diseconomies take place when the Transaction cost (TC) of the company rises. “Transaction costs refer to the costs involved in market exchange. These include the costs of discovering market prices and the cost of writing and enforcing contracts” (Khemani R, 1993). Firms that have low TC have a better chance at preventing diseconomies of scale and increase the firm’s growth. Over the decade many opportunities have presented itself and helped drop the transaction cost drastically; firstly the development

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    efficient solutions to internal and external challenges. At Shoppers Drug Mart, multiple business information systems are utilised to maximize profit and productivity. A transaction processing system is used at the point of sale to maintain a record of every transaction, including refunds and voids. The system records if the transaction was paid for in cash, debit, credit, or a gift card and possesses other features as

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