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Describe the important of Williamson's work for healthcare supply chain.

Explain transaction cost economics and how this concept relates to supply chain management.

Demonstrate an understanding of the 10 key insights from Oliver Williamson's transaction cost economics model.

Categorize the types of supply chain present in a typical healthcare organization in terms of their associated risk to the healthcare organization.

Integrate healthcare supply chain principles with transaction cost economics tenets to develop a list of considerations for a typical transaction in the supply chain.

Evaluate transaction cost economics in the context of the supply chain using the value chain model.

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