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International Food and Agribusiness Management Review >
Volume 06, Issue 03, 2003 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/34395
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| Title: | Quantifying Strategic Choice Along the Vertical Coordination Continuum |
| Authors: | Wysocki, Allen F.
Peterson, H. Christopher
Harsh, Stephen B. |
| Authors (Email): | Wysocki, Allen F. (wysocki@ufl.edu)
Peterson, H. Christopher (peters17@msu.edu)
Harsh, Stephen B. (harsh@pilot.msu.edu) |
| Keywords: | vertical coordination
vertical coordination continuum
discriminate analysis
willingness to change
unwillingness to change
coordination error
programmability
implementability
risk/return tradeoff |
| Issue Date: | 2003 |
| Abstract: | The qualitative and quantitative results of a study undertaken to test a decision framework firms might consider in choosing a vertical coordination strategy are presented. The posited five-step decision making process tested that a change in coordination strategy would occur if and only if a "yes" decision was made at each step. The results reported as case-based frequencies and as a discriminate analysis function provide strong support for the study's research propositions. The ability of an alternative to reduce the costliness of a coordination error and the acceptability of the risk/return tradeoff were critical to the willingness of a sample of producers to change coordination strategy. Implementability was significant, but not to the same extent as costliness of a coordination error or acceptability of the risk/return tradeoff. |
| URI: | http://purl.umn.edu/34395 |
| Institution/Association: | International Food and Agribusiness Management Review>Volume 06, Issue 03, 2003 |
| Total Pages: | 23 |
| Language: | English |
| Collections: | Volume 06, Issue 03, 2003
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| 0603wy01.pdf | 313Kb | PDF | View/Open |
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