Knowledge management has emerged as one of the most influential organization practice. Surprisingly, however, organizational economics (i.e., transaction cost economics, agency theory, team theory and property rights theory) has played no role in the development of knowledge management. This paper argues that organizational economics insights can further the theory and practice of knowledge management in several …
This paper addresses the impact of distributed knowledge on economic organization. The claim that authority is inefficient as a means of coordination in the context of distributed knowledge has become widespread. However, very little analysis has been dedicated to the relation between economic organization and distributed knowledge. This paper concentrates on the role of authority as …
The aim of this paper is to investigate International Loss Compensation. The paper also assesses in what way Sweden could use the recent developments in Community law to increase competiveness by tax measures others than lowering taxes… Contents 1. INTRODUCTION 1.1. AIM AND DELIMITATION 2. BASIC PRINCIPLES OF SWEDISH INCOME TAX LAW 2.1. GROUP TAXATION 3. GROUP TAXATION, …
Customer relations are of great concern for companies, today than before because the business environment is more competitive due to the increasing number of actors in the market. Regarding service firms, the relations are of even greater importance due to that services are more complex than products and also more correlated to the actual firm …
The purpose of this dissertation is to find the key factors of web site which influence customer value. Through literature review, we find the role of web site from a marketing perspective is a medium of marketing, enhancing the marketing mix and endowing the marketing mix with new features; we also find that customer value …
This Bachelor thesis studies the internationalization strategy of a Finnish label stock company, UPM Raflatac, in China during the late 1990’s. The purpose of this descriptive study is to facilitate the understanding of companies’ internationalization processes. This was done by studying UPM Raflatac’s internationalization strategy’s connection to the internationalization theories of the Uppsala model and …
A company does not function isolated in the market but instead has to work while acting,affecting and being affected by a number of other factors, such as competition, suppliers, customers, and demand change. This holds true for everyone, from suppliers and distributors to customers and governmental agencies. There are two types of relationships that a …
International diversification has costs and benefits, depending on the degree of asset dependence. In light of theoretical research linking diversification and dependence, we examine international diversification with two dependence measures: correlations and extreme dependence. We document several findings. First, dependence has generally increased over time. Second, there is evidence of asymmetric dependence or downside risk …
With the increasing trend of globalization, the impact of globalization has lead to a fast changing environment the boundaries for business is diminishing day by day so is the movement of people between different countries and cultures. The requirements of multinational organizations like expansion plans in international market has continuingly increased the need to understand …
Economists have for a long while sought ways to model the mechanisms that generate business cycles but have found it difficult to find models that describe the erratic behavior of business cycles, which can often not be explained by shocks to the economy alone. In this thesis the concept of the business cycle dichotomy is …