Toward a Concept of Domesticated Markets

1979 ◽  
Vol 43 (4) ◽  
pp. 69-75 ◽  
Author(s):  
Johan Arndt

The competitive market is eroding. To an increasing degree, transactions are occurring in internal markets within the framework of long-term relationships. The emerging domesticated markets call for more attention to the management of interorganizational systems and to the political aspects of economic decision making.

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