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.
"synopsis" may belong to another edition of this title.
McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide
"About this title" may belong to another edition of this title.
Book Description McGraw-Hill/Irwin, 2003. Book Condition: New. Brand New, Unread Copy in Perfect Condition. A+ Customer Service!. Bookseller Inventory # ABE_book_new_0072828099
Book Description McGraw-Hill/Irwin, 2003. Hardcover. Book Condition: New. 3. Bookseller Inventory # DADAX0072828099
Book Description McGraw-Hill/Irwin. Hardcover. Book Condition: New. 0072828099 Brand new Student edition.Ships now if ordered before 2pm CST. Bookseller Inventory # HML12278
Book Description McGraw-Hill/Irwin, 2003. Hardcover. Book Condition: New. Bookseller Inventory # P110072828099