Explain transaction-cost economics and how this concept


1. Describe the importance of Williamson’s work for the healthcare supply chain.

2. Explain transaction-cost economics and how this concept relates to supply-chain management.

3. Demonstrate an understanding of the ten key insights from Oliver Williamson’s TCE model.

4. Categorize the types of supply chain present in a typical healthcare organization in terms of their associated risk to the healthcare organization

5. Integrate healthcare supply-chain principles with TCE tenets to develop a list of considerations for a typical transaction in the supply chain

6. Evaluate TCE in the context of the supply chain using the Value Chain model.

Chapter 12 Health Care Supply Chain Management.

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Operation Management: Explain transaction-cost economics and how this concept
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