The need to restructure

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Chapter 11 in Organization in the Economic Firm, 2021, pp 141-158 from Edward Elgar Publishing

Abstract: Chapter 11 shows how in a growing, profit-maximizing firm, the process costs of decision making can rise while, at the same time, the probability of making a correct decision can decline. This suggests that, at some point in its growth trajectory, the firm might need to consider restructuring or downsizing its organizational structure.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2021
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