ion savings in and/or improved firm-specific narrow areas of service areas for business exploitation Two Internal Integration Elevate IT as a Articulate the integration offers both strategic resource logic for efficiency and integration effectiveness Three Business Powerful in Reengineer the Strategy - IT process creating business with IT alignment redesign differential lever capabilities in the marketplace Four Business Opportunities Create a virtual Articulate the network for creatively organisation and logic of redesign exploiting occupy a central network capabilities position in the redesign for network the focal firm Five Business Altering the Identify new Identification scope business scope business as well of new scope redefinition both proactively as potential of business and reactively threats Transaction cost economics explains the cooperative relationship among enterprises. It sees them as attempts to increase the utilisation of fixed resources, such as productive capacity, managerial capability, and technological know-how, through closer integration of decisions, and hence improved coordinatio...