Capitalism has taught us that markets are always more efficient than hierarchical managerial coordination. But […] in the absence of sufficient information […] management has to provide the coordinating mechanism between what the supplier provides and what the user needs… Management always beats markets when there is not sufficient information.
Content: Quotation
Author: Clayton M. Christensen
Source: strategy+business
Subjects: Capitalism, Economics, Management
Author: Clayton M. Christensen
Source: strategy+business
Subjects: Capitalism, Economics, Management
Like this content? Why not share it?
There Are No Comments
Click to Add the First »
Click to Add the First »