"grad-strat-tce"

"Apply Transaction Cost Economics (Williamson, 1975, 1985) to analyze governance structure choices — market, hybrid, or hierarchy — based on transaction characteristics. Use this skill when the user needs to decide make-or-buy, evaluate outsourcing vs vertical integration, design governance mechanisms for inter-firm relationships, or when they ask 'should we build this in-house or outsource', 'why do firms…