MANAGEMENT OF TRANSACTIONS - THE DESIGN CONSTRUCTION INTERFACE/

The present paper treats the relationship between strategic orientatio ns and make/buy decisions pertaining to design/construction services f or firms operating in the construction sector. The firm defines and re defines its boundaries within a network of contractual relationships, facing choices between market contracting, integration, and ''quasi-fi rm'' arrangements. The paper argues that the firm's strategic posture will influence the perceptions of contractual hazards associated with each option.