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What event triggered the severe financial crisis mentioned in the content?
What event triggered the severe financial crisis mentioned in the content?
Which term has gained familiarity due to the financial crisis and bank bailouts?
Which term has gained familiarity due to the financial crisis and bank bailouts?
Which company is mentioned as having struggled due to rapid technological change?
Which company is mentioned as having struggled due to rapid technological change?
What are companies reconsidering as a result of the digital revolution?
What are companies reconsidering as a result of the digital revolution?
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Which of the following companies is cited as thriving in the changed economic environment?
Which of the following companies is cited as thriving in the changed economic environment?
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What twin needs must companies satisfy for long-term success according to the content?
What twin needs must companies satisfy for long-term success according to the content?
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What has exacerbated the plight of unsuccessful companies?
What has exacerbated the plight of unsuccessful companies?
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What significant action is discussed in the context of banks during the financial crisis?
What significant action is discussed in the context of banks during the financial crisis?
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What is the primary focus of this book?
What is the primary focus of this book?
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What assumption does the book make about its readers' economics knowledge?
What assumption does the book make about its readers' economics knowledge?
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Which students are likely to benefit from reading this book?
Which students are likely to benefit from reading this book?
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What fundamental questions does the book address regarding organizations and markets?
What fundamental questions does the book address regarding organizations and markets?
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What role do information requirements play in understanding economic systems, according to the book?
What role do information requirements play in understanding economic systems, according to the book?
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Why might this book be used as a supplementary text?
Why might this book be used as a supplementary text?
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Which chapter mainly explains the economic background needed for understanding arguments in the text?
Which chapter mainly explains the economic background needed for understanding arguments in the text?
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How does the book view the relationship between microeconomics and organization management?
How does the book view the relationship between microeconomics and organization management?
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What primary function does the price mechanism serve in the context of organizational coordination?
What primary function does the price mechanism serve in the context of organizational coordination?
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What aspect of corporate governance is specifically addressed in the framework discussed?
What aspect of corporate governance is specifically addressed in the framework discussed?
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Which of the following does the book expand upon in relation to corporate governance?
Which of the following does the book expand upon in relation to corporate governance?
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How much has the page count increased from the first edition to the sixth edition of the book?
How much has the page count increased from the first edition to the sixth edition of the book?
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What type of content is included in the instructor’s manual mentioned in the book?
What type of content is included in the instructor’s manual mentioned in the book?
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What is a core ambition of the authors regarding the presentation of economic approaches to organizations?
What is a core ambition of the authors regarding the presentation of economic approaches to organizations?
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What resource can instructors access at no extra cost when adopting the textbook?
What resource can instructors access at no extra cost when adopting the textbook?
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What is the primary focus of the economic approaches to organizations as discussed in the book?
What is the primary focus of the economic approaches to organizations as discussed in the book?
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What is the primary focus of the content provided?
What is the primary focus of the content provided?
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Which volume of the Academy of Management Journal contains the table referenced in the content?
Which volume of the Academy of Management Journal contains the table referenced in the content?
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Which economist's work is mentioned in relation to the use of knowledge in society?
Which economist's work is mentioned in relation to the use of knowledge in society?
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What is the nature of the content concerning various boxes labeled (1.3, 1.5, etc.)?
What is the nature of the content concerning various boxes labeled (1.3, 1.5, etc.)?
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Which publication featured the box labeled 2.2?
Which publication featured the box labeled 2.2?
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Which year does the box about Greenspan's concession on regulation come from?
Which year does the box about Greenspan's concession on regulation come from?
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What is the copyright status of the content referenced from The New York Times?
What is the copyright status of the content referenced from The New York Times?
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What kind of permissions are mentioned regarding the use of excerpts from the studies?
What kind of permissions are mentioned regarding the use of excerpts from the studies?
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What increases the economic contribution to understanding an organizational problem?
What increases the economic contribution to understanding an organizational problem?
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What is the primary aim of presenting the basic concepts of economic approaches to organizations?
What is the primary aim of presenting the basic concepts of economic approaches to organizations?
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What role does information play in the economic approaches to organizations, according to the framework?
What role does information play in the economic approaches to organizations, according to the framework?
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What will be elaborated in Chapter 4 of the book?
What will be elaborated in Chapter 4 of the book?
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What does the framework aim to present a coherent picture of?
What does the framework aim to present a coherent picture of?
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What is one main contribution of economics to the study of organizations?
What is one main contribution of economics to the study of organizations?
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What term describes the incorrect belief that economics can fully explain organizational phenomena?
What term describes the incorrect belief that economics can fully explain organizational phenomena?
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Why is it important to recognize the limitations of economics in organizational studies?
Why is it important to recognize the limitations of economics in organizational studies?
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Which of the following statements reflects the relationship between economics and organizational studies?
Which of the following statements reflects the relationship between economics and organizational studies?
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What does the text suggest about purely economic problems?
What does the text suggest about purely economic problems?
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What common misconception might arise in the application of economic theories to organizations?
What common misconception might arise in the application of economic theories to organizations?
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How do the authors view the relationship between economics and other social sciences?
How do the authors view the relationship between economics and other social sciences?
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What is a critical view of the application of legal, sociological, or psychological frameworks in organizational studies?
What is a critical view of the application of legal, sociological, or psychological frameworks in organizational studies?
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Study Notes
Economic Approaches to Organizations
- Book title: Economic Approaches to Organizations
- Sixth Edition
- Authors: Sytse Douma and Hein Schreuder
- Publisher: Pearson
Contents
- Preface
- Acknowledgements
- Part I: Foundations
- Markets and organizations
- The economic problem
- The division of labor
- Specialization
- Coordination
- Markets and organizations
- Information
- The environment and institutions
- Historical perspective
- Summary: the conceptual framework of this book
- Outline of the book
- Questions
- Note
- Markets and organizations
- Part II: Economic Approaches
- Behavioural theory of the firm
- Agency theory
- Transaction cost economics
- Economic contributions to business/competit- ive strategy
- Economic contributions to corporate strategy
- Evolutionary approaches to organizations
- All in the family
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