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
Related Articles
- EP ID EP105103
- DOI 10.15550/ASJ.2014.06.075
- Views 75
- Downloads 0
Surgical Classification of Complicated Syndrome of Diabetic Foot
The article generalizes the experience of surgery treatment of 1532 patients with the complicated diabetic foot syndrome (DFS). The authors offer an original surgical classification of complicated DFS, which is based on...
Assessment of The Petroleum Industry Competitive Environment Influencing a System of Ecological Management of a Company Trading Crude Oil Products
The purpose of the study is to develop an indicator of competitive advantage retailers have in the market of oil products when managing environmental development of gas stations. The essence hidden in the concept o...
Let’s Cherish Our Modern Intellectual Elite
The article deals with elite education, carries out its comparison with the elitist and egalitarian. The author believes it is reasonable to expand an elite education, which plays an important role in shaping the intelle...
Economic Mentality of Ukraine: National Measurements
Social realities of modern Ukraine are conditioned by the features of the Ukrainian economical culture, that has its specific system values, displayed in national mentality, economical consciousness, social psychology, s...
Multicriterion Estimation of Efficiency of Mobile Network Clustering
The article is sacred to the questions of estimation of efficiency of division of networks on clusters with the use of methods of nonlinear chart of compromises. For the estimation of efficiency of method of clusteriza...