Improvement of the Approaches to Quality Evaluation of Transaction Cost Management
Liliya Kimmatovna Shaymardanova1, Tatiana Anatolievna Saadulaeva2, Lyudmila Viktorovna Gorshkova3, Galina Viktorovna Pinkovskaya4, Olga Yevgenievna Lebedeva5
1Liliya Kimmatovna Shaymardanova, Russian State Academy of Intellectual Property, Moscow, Russia.
2Tatiana Anatolievna Saadulaeva, Institute for Tourism and Hospitality, Moscow, Russia.
3Lyudmila Viktorovna Gorshkova, Russian Customs Academy, Moscow Region, Russia.
4Galina Viktorovna Pinkovskaya, Institute of Social-Humanitarian Technologies, K.G. Razumovsky Moscow State University of Technologies and Management (the First Cossack University), Moscow, Russia.
5Olga Yevgenievna Lebedeva, Institute for Tourism and Hospitality, Moscow, Russia.
Manuscript received on 14 April 2019 | Revised Manuscript received on 18 May 2019 | Manuscript published on 30 May 2019 | PP: 129-132 | Volume-8 Issue-1, May 2019 | Retrieval Number: A2972058119/19©BEIESP
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The aim of the study is to develop approaches to evaluation of the quality of transaction costs management. The theoretical and methodological basis of the research is the abstract-logical method, methods of induction, deduction, analysis, synthesis, and systematization. The result of the study is the developed approaches to evaluation of the quality of transaction costs management, activities aimed to coordinate the actions of the main participants in the production process, as well as provisions for managing the sustainable development of enterprises at various levels of transaction costs. Based on the assessment of the real state of transactional costs, the following has been identified: existing deficiencies in the management system related to the excess of transaction costs growth rates over revenue and profit growth rates, low compliance of actual transaction costs with optimal values ensuring profit maximization, and poor quality of management functions and specific stages of their implementation.
Index Terms: Quality, Management, Transaction Costs, Enterprise, Information, Production and Economic Activity, Efficiency.
Scope of the Article: Social Sciences