Question: Provide one example of how electronic commerce could help change an industrys economic structure from a hierarchy to a network.

Provide one example of how electronic commerce could help change an industry’s economic structure from a hierarchy to a network.

Step by Step Solution

3.31 Rating (157 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

When transaction costs are high concentrated hierarchies reduce unit cost by taking ad... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

674-B-A-M-B (2361).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!