Transactional Cost Theory Analyses

a. Background information on the theorist.

b. The important points of the theory sufficient to show a good and workable understanding of the theory. Do not just bullet this. Explain the points.

c. Important assumptions that are associated with the theory.

d. The theory's place in time and space--the social conditions or organizational needs that led to the development of the theory.

e. Your analysis of the theory. How might it be used to help us in our current management role? Or, is it not useful at all? Provide at least one example of how this theory is or might be applied in your organization. Extra points when you compare and contrast.

f. List ALL sources used following acceptable college-level standards--All sources, including the exact URL and search engine used if from the Internet.