简介：The transaction costs reflect expenditures incurred in order to reduce uncertainty, namely costs of searching, gathering, and processing information, as well as costs related to selecting a supplier, drawing up a contract, and coordinating the course of its implementation.
简介：The transaction costs reflect expenditures incurred in order to reduce uncertainty, namely costs of searching, gathering, and processing information, as well as costs related to selecting a supplier, drawing up a contract, and coordinating the course of its implementation.