Vertical Integration as Organizational Ownership: The Fisher Body-General Motors Relationship Revisited BENJAMIN KLEIN University qfCalijbrnia‚ Los Angeles I have always considered my work with Armen Alchian and Robert Crawford (1978) on vertical integration to represent an extension of Coase ’s classic article on "The Nature of the Firm." By focusing on the "hold-up" potential that is created when firm-specific investments are made by transactors‚ or what we called the appropriation
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In the book why we love‚ author Helen Fisher attempts to understand the idea behind the human romantic love by studying the mating behavior of animals. Thus‚ she firmly believes that romantic love is a phenomenon arising from ‘human nature’. Which shows itself in the different forms in the animal kingdom. The book begins by presenting the results of a scientific study in which Fisher scanned the brains of people who had just fallen madly in love. She proves‚ at last‚ what researchers had only suspected:
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Revolutionary War. But his story did not end there. He became the first President of America. Many who came after him tried to embody his work. George Washington is a prime example of what a leader should consist of. He played a key role in winning over the land we walk on today & many put their trust into him to lead this country after the Revolutionary War. George Washington was born on February 22‚1732. He is the child of Augustine and Mary Washington‚ alongside two other sons from Augustine Washington’s
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George Gershwin is one of the greatest influences to American music in the 20th century. His compositions can be found throughout the entertainment world‚ ranging from Broadway to motion pictures. Though he had a short career‚ George Gershwin’s music continues to bring inspiration and delight almost sixty years later. On September 26‚ 1898 George Gershwin was born to the Gershowitz family as Jacob Gershowitz. The Gershowitzs’ were an immigrant family that lived in Brooklyn‚ NY at the time. His
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Erik Fisher‚ football celebrity‚ dating a cheerleader‚ and has two scholarship offers. He seems like the perfect high schoolar. His admirers show that‚ but nothing is that perfect‚ ever. So what is this football star hiding? What goes on behind the closed doors of the Fisher house? How about the new football superstar nearly blinding his brother Paul Fisher with spray paint? Or‚ punching a middle schoolar? Or how about stealing from families? He isn’t as perfect as he seems. Conclusively‚ Erik doesn’t
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manager Angelo Bella was because this Bart Film Scanner previously failed attempts by other teams at GDR to develop a low cost but not profitable dental film scanner. GDR has an edge of providing far more critical detail than the competitors like Kodak‚ Fuji and Agfa. The object of this case study is to find out how Bella meet time to market and cost goals by motivating his team. QUESTIONS: COMMUNICATION: 1. As a project manager‚ what should Bella do now that Namath has given the approval to
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Cera Santos Phoebe Capulong Case 4-1: McDonald’s Great Britain-The Turnaround I. Summary of the Problem McDonald’s Great Britain experienced a lot of hardships and changes. McDonald’s US sales have steadily increased but Great Britain has not shown any significant increase. The reason for the sluggish sales is because of new chains such as Yo! sushi and Nando’s Chicken Restaurants which tickled the Great Britain’s taste. An issue in the fast food industry is the mad cow scare. There are
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the immune system leaving the body susceptible to multiple infections. In the public’s mind HIV/AIDS was a disease that belonged to intravenous drug users‚ homosexuals‚ and others in an unfortunate and stigmatized group. On August 19th 1992‚ Mary Fisher‚ a young‚ white‚ wed‚ mother of two‚ addressed the Republican National Convention using repetition‚ argument of fact‚ and emotional appeal to open the conversation of AIDs and end the shame faced by those that find themselves infected. “ It does
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Esterification and Hydrolysis: Methyl Benzoate by Fisher Esterification Nitration of Methyl Benzoate Jingling Li 2/16/2014 Purpose of the experiment: To understand the mechanisms for Fisher esterification reactions as an equilibrium process and hydrolysis is the reversal reaction of esterification. Nitrate methyl benzoate by an electrophilic aromatic substitution reaction. Summary of procedures: Add sulfuric acid to the mixture of benzoic and methanol‚ heat up the mixture to 65 oC
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George Steinbrenner George Steinbrenner is most famously known as one of the most successful sport owners in history. On July 4th‚ 1930 Steinbrenner was born in Rocky River‚ Ohio (Bio.com). His two parents‚ Rita and Henry‚ raised him in an upper middle class lifestyle in Cleveland. He dedicates most of his success to both of them (Bio.com). At a young age‚ George had to learn that his father refused to all him to accept failure‚ and he was pushed to succeed in all aspects of life. Henry always
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