Managerial Economics & Organizational Architecture

Managerial Economics & Organizational Architecture
Автор
 
Год
 
Страниц
 
752
ISBN
 
0073523011
Издатель
 
CIMA Publishing
Категория
 
Новинки в Биографии
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Описание:

With two distinct objectives, this text’s approach to managerial economics takes models from recent economics research and applies the research to the internal structure of a firm. After teaching basic applied economics, the authors look inside the firm and apply this analysis to management decision making. Authors Brickley, Smith, andZimmerman contend that organizational architecture consists of three aspects of corporate organization: the assignment of decision rights within the company; methods of rewarding individuals; the structure of systems to evaluate the performance of both individuals and business units. These three components can be likened to a stool with three legs. If one of the legs is shorter, the stool is out of balance. These three elements must be in balance in the organization as well.

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