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    Transaction Cost

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    HABIBUL WAHID HARMADAN
    Transaction costs are expenses associated with facilitating production such as negotiation, employee mobilization, implementation, and monitoring. There are three main types of transaction costs: market, managerial, and political. Government-owned sugar companies tend to have high transaction costs due to political influences and bureaucratic processes that drive up costs.

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    Transaction Cost

    Uploaded by

    HABIBUL WAHID HARMADAN
    9 views1 page
    Transaction costs are expenses associated with facilitating production such as negotiation, employee mobilization, implementation, and monitoring. There are three main types of transaction costs: market, managerial, and political. Government-owned sugar companies tend to have high transaction costs due to political influences and bureaucratic processes that drive up costs.

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    Transaction costs are expenses associated with facilitating production such as negotiation, employee mobilization, implementation, and monitoring. There are three main types of transaction costs: market, managerial, and political. Government-owned sugar companies tend to have high transaction costs due to political influences and bureaucratic processes that drive up costs.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    9 views1 page

    Transaction Cost

    Uploaded by

    HABIBUL WAHID HARMADAN
    Transaction costs are expenses associated with facilitating production such as negotiation, employee mobilization, implementation, and monitoring. There are three main types of transaction costs: market, managerial, and political. Government-owned sugar companies tend to have high transaction costs due to political influences and bureaucratic processes that drive up costs.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    What is transaction cost?

    Answer: Transaction costs are incurred with the aim of supporting the smooth production
    process. For example, negotiation costs, mobilization costs for employees, implementation costs,
    monitoring costs, and the like.

    What are the types or types of transaction cost?

    Answer: Market Transaction Cost, Managerial Transaction cost, Political transaction Cost

    Why do chicken farmers use this transaction governance structure ?

    Answer:
    Why is the transaction cost of a government-owned sugar company expensive?

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