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Efficiency of Organizational Decisions

  • T. V. S. Ramamohan Rao

Abstract

The theory of the firm acknowledges that as the firm grows in size there will be an emergence of
  1. (a)

    diffused ownership and separation of ownership and control,

     
  2. (b)

    nonprice competition dominating the operation of the market mechanisms and price strategies, and

     
  3. (c)

    a complex internal organization supplementing the market mode as a management structure.

     

Keywords

Internal Pressure Demand Curve Cost Curve Incentive Mechanism Profit Sharing 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin · Heidelberg 1989

Authors and Affiliations

  • T. V. S. Ramamohan Rao
    • 1
  1. 1.Indian Institute of TechnologyKanpurIndia

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