What are governance structures discuss williamsons, Operation Management

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What are governance structures discuss williamsons

1. Why is Alchian and Demsetz’s information cost theory of the firm often viewed as a managerial theory of the firm?

2. What are governance structures? Discuss Williamson’s continuum of governance structures.

3. What are the main problems with earlier theory that the evolutionary theory of the firms addresses?

4. Is capitalism fair? Explain your answer.

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