Methodology for Assessing the Quality of Company’s Transaction Cost Management
Journal Title: The Advanced Science Journal - Year 2014, Vol 2014, Issue 6
Abstract
The aim of the paper is to develop a comprehensive methodology for assessing the quality of company’s transaction cost management in terms of planning, organizing, motivating, monitoring and regulating functions. The study is based on the dialectical method of cognition using a systematic approach to the study of the management theory’s fundamental assumptions, the study of phenomena and processes in the interaction, interdependence and development. The paper presents a reasonable necessity to manage company’s transaction costs. The list of transaction costs is given herein. The paper presents a functional model of company’s transaction cost management and specifies function implementation stages. There has been developed a methodology for assessing the quality of company’s transaction cost management based on qualimetric approach that allows measuring qualitative indicators with quantitative scores. It was established that the use of the developed methodological means in the context of functional model allows identifying weaknesses in transaction cost management.
Authors and Affiliations
I Makaliuk
Keywords
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- EP ID EP105103
- DOI 10.15550/ASJ.2014.06.075
- Views 80
- Downloads 0
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