Managerial Economics & Organizational Architecture
Editorial Reviews
Book Description
Brickley/Smith/Zimmerman's new approach to managerial economics takes models from recent economics research and applies this research to the internal structure of the firm. After teaching basic applied economics, the authors look inside the firm and apply this analysis to management decision making. The general model used for this application is organizational architecture. Organizational architecture consists of three aspects of corporate organization: the assignment of decision rights within the company; methods of rewarding individuals; and the structure of systems to evaluate the performance of both individuals and business units. These three components can be likened to a stool with three legs. If one of the legs is shorter, the stool is out of balance. These three elements must be in balance in an organization as well.
Book Info
Text for students covering the application of managerial economics principles. Includes updated case studies, new chapters and resources. For use at the undergraduate or graduate level. Previous edition: c2001. DLC: Managerial economics.
Managerial Economics & Organizational Architecture
Managerial Economics & Organizational Architecture,James Brickley,Clifford W Smith,Jerold Zimmerman,McGraw-Hill/Irwin,0072828099,Business & Economics,Business / Economics / Finance,Business/Economics,Corporate Finance,Economics - General,Management - General,Managerial Economics,Organization Theory,Organizational effectiveness,Business & Economics / Economics / General
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