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Firms exist to minimize transaction costs�. Using appropriate empirical examples, critically evaluate this view

Order Description
This essay must show a Demonstration of an understanding of the economic environments in which business entities operate and how managerial decisions can vary under different constraints. And Demonstration of the ability to consider and apply economic theory to the �real world� behaviour of firms.
For completing this task, be sure to draw on the concepts and analytical tools in economics and business, making direct reference to subject materials (i.e. the prescribed text, courseware and other resources)so I can email you any of the lecture notes if that will help, let me know :). Students who fail to comply with this directive will find it difficult to receive a pass mark.
2. High marks will be awarded for good, critical analysis, rather than for content merely cut and pasted from websites and other electronic sources.
In particular, the following assessment criteria and weightings will apply:
� Assignment Structure: clarity of aims, objective, structure and presentation (15%)
� Quality of Writing: Readability and ability to convey key message(s) concisely (10%)
� Quality/Scope of Literature Review: Understanding of established knowledge (15%)
� Suitability of Literature: Use of suitable sources, focused to answer key research aims (10%)
� Literature Analysis: Quality/level of analytical skill demonstrated (20%)
� Insightfulness of Analysis: Interest and usefulness of findings, use of appropriate examples, conclusions drawn (15%).
� Understanding: Assignment demonstrates student has understood key topics (15%)

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