Influence of characteristics of the organizational structure of management on level and structure of transactional costs of firm

Abstract

Efficiency of goal achievement of the organization, implementation its strategy, efficiency of interaction with the external environment is in many respects determined by the correct creation of an organizational structure of management. Main goal of existence of an organizational structure of management is ensuring sustainable development of the organization. Achievement of this purpose is carried out by means of improvement of ways of interaction of the organization with the external environment, and also interactions of elements in the organization. Exact feature of management- based organizational has great influence on structure of transactional costs of that organization. High transactional costs reduce efficiency of functioning of the organization. It is possible to increase efficiency of organization activity by management of transactional expenses. Classification of transactional costs is given in this work, the main characteristics of an organizational structure of management are considered too. The analysis of influence of the following factors: level of formalization of an organizational structure of management, extent of centralization of an organizational structure of management, number of hierarchical levels of management, number of hierarchical levels of management, number of functional divisions, control range on the transactional costs was completed.