Workplace and property firms must wake up to the new era of networked businesses
Workplace Insight
DECEMBER 11, 2023
A more academic explanation of companies was provided by a little-known UK Nobel prize-winning economist, Ronald Coase (1910-2013). Once held together by risk and liability management, what binds firms together now? In other words, companies exist to create efficiencies by reducing marketing, or transactional costs.
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