Essays on TCE

Transaction cost economics (TCE) deals on aspects of economic exchange, or transactions, where there are many factors in the transaction to be considered. In this case, contracts have to be incomplete since transactions have many sides, or are too complicated. There are large costs involved and the specifications have to be stated including the many details. These transactions also occur in the wider context of organizations and institutions. In other words, TCE is different from other microeconomic theories and is attractive as a subject for research by scholars. Moreover, there seemed to be inappropriate rationality in this kind of ...

Introduction

This decision essay will critically evaluate the case study titled ‘Pepsi Canada: The Pepsi Refresh Project’ so as to identify the prevailing issues and to develop a potential course of responsive action. The decision essay will use the state-and-prove model to structure the paper.

Brief Summary

Pepsi was founded by Caleb Davis Bradham in North Carolina, United States in 1893 as ‘Brad’s Drink’ and it adopted the name ‘Pepsi-Cola Company’ in 1898. In the initial stages of its operations, the company expanded the business by selling franchises in various states. Currently, Pepsi is one of the world’s largest carbonated ...

Factories have always been seen as emitters of enormous smokes, which makes factories as major contributors of air pollution. But, aside from the air pollution, factories have been contributing to land pollution, as well as water pollution. These pollutions were mainly because of the emissions of harmful gases, mixing of toxic and hazardous chemicals on natural water resources, direct contact of harmful chemicals and wastes to surface soils (Peterson, para. 1). Moreover, although different factories produce different waste products, still, the environment is always at risk. One of the most familiar effects of factories is how it contributes ...