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Unit 5. The expansion - Coggle Diagram
Unit 5. The expansion
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Hierarchies
and Markets
There are two basic life coordination mechanismssocial: the market and hierarchies. Some authors speakfrom a third party through the networks
internal hierarchies are structures of relationships thatexternal are structures of power relations andsubordination between organizations
The framework of analysis is integrated into the economic theories oorganizations and in the debates around the role ofhierarchies and markets in the coordination of social life.Coordinate means linking separate activities
The markets for goods or merchandise are those in whichindividual and organizational consumers appearas subjects and transaction objects are inputs andreal products, money and credit
Markets companies or markets for controlcorporate are those who treat companies asthings that are the object of the transaction.
Networks integrate elites and economstate and civil society. The boundaries between hierarchy andmarket are fluid. Thus, the market taken to the extremeends in monopoly. So the dominant organization(hierarchy) absorbs the market. . In the face of uncertainty andgreat competitiveness in global markets, a trendhierarchies is toward divisionalization andOutsourcing
There are two basic life coordination mechanismssocial: the market and hierarchies. Some authors speaksocial: the market and hierarchies.
The society
Corporate
and fundamental structuring, those of conflict, and those oclass order, power and prestige, live and exercise themselvesthrough corporations
Corporatization, in the cultural sphere, is alsomanifested in the great promotion of books, movies, records, andn general in all aspects also of the great diffusionof mass culture
, are present in the economic, political, cultural,
religious, union
are present in the economic, political, cultural,
religious, union, etc
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There are no perfect markets or hierarchies. The marketcoordinates through the invisible hand and uses the competence ofprices as your main internal coordinating instrument