Business Organisations
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Business Organisations

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Business Organisations

Business Organisations

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    Business Organisations Business Organisations Presentation Transcript

    • Business Organisations
    • The Nature of Firms
      • The importance of understanding the organisation of businesses
      • The nature of firms
        • complex production
          • organising production through markets
          • organising production through hierarchies
        • benefits of organising production within firms
          • reduction in transactions costs
        • problems of market arrangements
          • uncertainty
          • complexity of contracts
          • monitoring and enforcing contracts
    • The Nature of Firms
      • Goals of the firm
      • The traditional theory of the firm
      • Alternative theories
        • the divorce of ownership from control
        • the development of the joint-stock company
        • managerial objectives
    • The Nature of Firms
      • The principal / agent relationship
        • the principal – agent problem
        • asymmetric information
        • dealing with imperfect information
          • monitoring
          • incentives
      • The goal of staying in business
        • the willingness of firms to take risks
        • problems of being over cautious
    • The Firm as a Legal Entity
      • The sole proprietor
        • unlimited liability
      • The partnership
      • Companies
        • limited liability
        • public limited companies (plc)
          • public issues of shares
          • shares traded on the Stock Exchange
        • private limited companies
        • consortia
        • co-operatives: producer and consumer
        • public corporations
    • The Internal Organisation of the Firm
      • U-form
    • U-form business organisation
    • The Internal Organisation of the Firm
      • U-form
        • advantages
        • problems when firms expand beyond a certain size
          • bounded rationality
          • communications costs
          • distorted information
          • decline in organisational efficiency
      • M-form
    • M-form business organisation
    • The Internal Organisation of the Firm
      • U-form
        • advantages
        • problems when firms expand beyond a certain size
          • bounded rationality
          • communications costs
          • distorted information
          • decline in organisational efficiency
      • M-form
        • advantages and disadvantages
    • The Internal Organisation of the Firm
      • The flat organisation
      • Multinationals and business organisation
        • H-form
        • integrated international enterprises
        • transnational associations
    • The Walt Disney Company (Holding Company)
    • The Walt Disney Company (Holding Company)
    • The Walt Disney Company (Holding Company)
    • The Walt Disney Company (Holding Company)