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Consider that you are a business consultant for Coop retail wherein you are requested to propose a new system to reduce the company cost. 1.

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Consider that you are a business consultant for Coop retail wherein you are requested to propose a new system to reduce the company cost. 1. Propose a system that reduce the agency cost and explain it ( 2 marks) then define what agency cost is ( 2 marks). 2. Propose a system that reduce the transaction cost and explain it ( 2 marks) then define what transaction cost is. (2 marks) 3. Propose a strategy based on Porter competitive force model then explain it. ( 2 marks)

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