2014
DOI: 10.5539/ass.v10n20p67
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Analysis of the Transaction Cost in Modern Conditions

Abstract: The activities of any organization linked to transaction costs, which are often of great size. If the organization will be able to lower transaction costs while maintaining performance, this can result in more effective organizational management structure and activities of the organization as a whole. Transaction costs arise because of different interests of the communicating parties, but also because of the uncertainty factor. Because transaction costs was escorted somehow all the functioning of the organizat… Show more

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Cited by 1 publication
(2 citation statements)
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“…The transaction cost management procedure provides the following actions (in a simplified way): Analysing holdings as a system and taking into account the views of some authors [17][18], transaction costs can be classified as follows:…”
Section: Resultsmentioning
confidence: 99%
See 1 more Smart Citation
“…The transaction cost management procedure provides the following actions (in a simplified way): Analysing holdings as a system and taking into account the views of some authors [17][18], transaction costs can be classified as follows:…”
Section: Resultsmentioning
confidence: 99%
“…Another group of authors, among whom are E. A. Gurianova, I. N. Gurianov and S. A. Mechtcheriakova (2014) [17], suggest their own classification of transaction costs. They split them into two groups -internal and external.…”
Section: Introductionmentioning
confidence: 99%