Problema 4 · Economia de L'empresa UPF Setembre 2012
Tema: Especialització, costos de transacció i mercat versus empresa · Del examen Setembre (2012)
Enunciado
Short Question 4 (6 points). Coordination and Motivation Costs: Markets vs. Firms
Consider the following assertion: "Because price signals reflect prevailing supply and demand conditions, market mechanisms always exhibit lower coordination costs than internal firm hierarchies. Hence, firms exist fundamentally to curb motivation costs compared to market interactions." Determine whether this assertion is True or False, and provide an explanation.
True
False
Solución
Según los criterios oficiales de corrección
Determine whether this assertion is True or False
Solución: False
Provide an explanation for whether the assertion is True or False.
Solución: The statement is false on both grounds: hierarchies often have lower coordination costs in complex/interdependent tasks, and markets typically feature higher-powered motivation incentives than internal firm hierarchies.
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