The managerial and behavioural aspects of the theory of the firm is considered important, especially after the considerable research work of William Baumol and in the mean time Richardson had already worked out some crucial findings on the transactional cost theory and its relation to the market price. The Chinese firms already have a host of rare mineral excavation plans and they looking forward to enhance their profit margin all the more. The ‘theory of the firm’ postulates states that the profit of an organisation should be increased in order to gain from the market dynamics playing in the hands of demand-supply (Jensen, 2003).
The employees of Chinese firms are pretty cheap in comparison to the other countries and so the overall production price remains within the reach. Competitors such as U.K and USA have to devise ways derived from the ‘firm theory’ to innovate the neo-classical theories of the 21st century.
Richard Cyerd was one the prominent persons to have worked on the behavioural aspect of ‘theory of the firm’ (Foss, 2000). It states the importance of the decision making procedure of a firm. The Chinese companies are always very quick and accurate in assessing the market, so the decisions are taken pretty confidently. Also the managers of the Chinese firms are far more powerful than the managers of a capitalist country.
The Chinese world market has recently seen a growth of almost 6% which has potentially attracted a lot of analysis by the Pentagon (China Manufacturing – Facts, n.d.). The system of governance and the firms has to excel, and so the ‘theories of the firm’ has to be applied, innovated, and executed repeatedly.
企业理论的管理和行为方面被认为是重要的，特别是在威廉Baumol的大量研究工作的同时，理查德森已经制定了一些重要的研究结果对交易成本理论和市场价格的关系。中国企业已经有许多稀有矿物开挖方案，他们希望提升他们的利润空间更加。“企业理论”的假设，一个组织的利润应增加，以从市场动态的供应需求的手打增益（延森，2003）。
中国公司的员工在向其他国家比较，所以整体生产价格保持在达到很便宜。竞争对手如英国和美国已经制定从企业理论的创新，第二十一世纪的新古典理论的方法。
李察是一个突出的人cyerd曾对该公司的行为方面的“理论”（源码，2000）。我国企业决策程序的重要性。中国公司在评估市场一直是非常快速和准确，所以决定采取非常自信。也是中国企业经理人远比资本主义国家更强大的管理者。
中国的世界市场最近出现了近6%，增长可能受到五角大楼很多分析（中国制造的事实，n.d.）。管理制度和企业已经脱颖而出，与这样的企业理论”已被应用，创新，并重复执行。
