A study on the rating of import sources for industrial products in a newly industrializing country: the case of South Korea
Article Abstract:
Managers in the newly industrializing country of South Korea were asked to rate the import sources of industrial products. Results show that the Japanese industrial products received the highest rating. This could be attributed not only to the higher quality of the products but also to the initiative of the Japanese to pprovide technical assistance, communication and reliability. In addition, the products of most Japanese sources have been localized, putting them in competition with the domestic suppliers. The study also found that some technonlogy-transfer modes may be more able to generate better supplier ratings.
Publication Name: Journal of Business Research
Subject: Business, general
ISSN: 0148-2963
Year: 1995
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Antecedents of purchasing concentration: a transaction cost explanation
Article Abstract:
Most manufacturers aim to improve on their purchasing functions by limiting their supplier bases. This has given rise to the question of whether sole sourcing or multisourcing is the more cost-effective. Through the transaction cost analysis, firms decide on their purchasing operations, with the aim of reducing both production costs and transaction costs. The determinants of transaction governance, meanwhile, are the particular supplier and the environmental uncertainty. Greater purchasing concentration results when buyers commit to specific investments while environmental uncertainty may make buyers avoid it.
Publication Name: Journal of Business Research
Subject: Business, general
ISSN: 0148-2963
Year: 1995
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Performance implications of buyer-supplier relationships in industrial markets: a transaction cost explanation
Article Abstract:
The impact of particular forms of buyer-supplier relationships on performance is examined. Based on the transaction cost theory (TCA), it is proposed that stronger relationships are to a certain degree a response to the existence of ambiguity and transaction-specific assets. It is also hypothesized that TCA-structured relationships will have positive effects on performance. After regression analysis was performed on a sample of original equipment manufacturer-supplier relationships, proof for the hypothesis are found.
Publication Name: Journal of Business Research
Subject: Business, general
ISSN: 0148-2963
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
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