- Search Costs: Buyser and sellers finding each other
- Information Costs: Learning about products/services, the basis for their costs/value, profit margins, quality, finacial condition, and legitimacy of buyer/seller.
- Bargaining Costs: Buyser/Seller setting terms of sale, meetings, phone calls, faxes, emails, data exchanges, legal.
- Decision Costs: Evaluating terms of byuer/seller, opportunity costs, internal buerocracy, policies, executive approval, etc.
- Policing Costs: Handling descrepancies, fraud, theft, ambiguity
- Enforcement Costs: Buyser/Sellers ensuring unsatisified terms are remedied.
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