Give two examples of how a market has been used internally within a company, according to Malone. Solution intergration of marker like elements within the scope of the decentralised resource allocation via internal markets. for example , capital for certain investment projects is allocated via an electronically platforms by the interplay of internal suppliers and requestors, which are organised as profit centres. insummary it may be said that the specified publication differ from those of the centralised resource allocation via internal markets by the following- -they focus on the capital allocation on investment projects and not on divisions -they examine the forms of resource allocation due to possibilities of modern information systems -they suggest decentalised market oriented coordination form with independently acting divisions based on this understanding more recent publication focus on example of companies that use internal markets for the coordination fo different tasks. malone for instance,focuses on how internal markets impacts companies according to malone the major advantages of internal markets are that they encourage creativity and independence and that they can respond faster to capitalise on an oppotunity .further ,he states that internal markets \" provide the right incentives for people to buy and sell according to what they actually think will happen.it is possible that people might try to manipulate the market.Malone et al. found that some business models, as defined by them, indeed performed better than other .

1. Give two examples of how a market has been used internally within a company, according to
Malone.
Solution
intergration of marker like elements within the scope of the decentralised resource allocation via
internal markets. for example , capital for certain investment projects is allocated via an
electronically platforms by the interplay of internal suppliers and requestors, which are organised
as profit centres.
insummary it may be said that the specified publication differ from those of the centralised
resource allocation via internal markets by the following-
-they focus on the capital allocation on investment projects and not on divisions
-they examine the forms of resource allocation due to possibilities of modern information
systems
-they suggest decentalised market oriented coordination form with independently acting
divisions
based on this understanding more recent publication focus on example of companies that use
internal markets for the coordination fo different tasks. malone for instance,focuses on how
internal markets impacts companies
according to malone the major advantages of internal markets are that they encourage creativity
and independence and that they can respond faster to capitalise on an oppotunity .further ,he
states that internal markets " provide the right incentives for people to buy and sell according to
what they actually think will happen.it is possible that people might try to manipulate the
market.Malone et al. found that some business models, as defined by them, indeed performed
better than other