The boundaries of the firm is an organizational concept to define the value created within the company, and what is outsourced to suppliers/partners.

With the advent of modern communication technologies, the boundaries of a firm are becoming increasingly fluid. With the rise of flexible organization options like part-timers, contract workers, consultants, outsourced operations – the firm is becoming increasingly like a ringmaster rather than a full circus.

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Recommended for follow-up: Mintzberg; Handy; Drucker