OUTLINING THE FACTORS DETERMINING THE ECONOMIC EFFECTIVENESS OF COLLABORATIVE INTERACTION IN BUSINESS
OUTLINING THE FACTORS DETERMINING THE ECONOMIC EFFECTIVENESS OF COLLABORATIVE INTERACTION IN BUSINESS

Summary/Abstract: The purpose of this article is to explain the popular principle of collaborative business interaction by using the optimal firm size model developed by Oliver Williamson. A company that uses collaborative interaction reduces its production costs by lowering the price of its core capital.The article is based on results from research conducted with budget funds under a government procurement awarded to the Financial University in 2014.

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