Purchasing professional services: A transaction cost view of the antecedents and consequences of purchasing formalization
Abstract
Professional services represent an increasing share of expenditures in contemporary organizations. While these services are often of strategic importance, they are also perceived as being difficult to purchase and use, which creates challenges for the purchasing process. In order to address these challenges, organizations are increasingly engaging in systematic efforts to improve their ability to purchase professional services. These efforts...
Paper Details
Title
Purchasing professional services: A transaction cost view of the antecedents and consequences of purchasing formalization
Published Date
Jul 1, 2014
Volume
43
Issue
5
Pages
840 - 849
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