FORMING THE CORPORATE STRATEGY OF COST MANAGEMENT OF AN INDUSTRIAL ENTERPRISE
Objective: to develop and substantiate one of the mechanisms of corporate strategy formation of an industrial enterprise cost management. Methods: institutional, cost and systemic approaches. Results: in the article the classification of corporate strategies is elaborated in the framework of the cos...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Tatar Educational Center “Taglimat” Ltd.
2015-03-01
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| Series: | Russian Journal of Economics and Law |
| Subjects: | |
| Online Access: | https://www.rusjel.ru/jour/article/view/1808 |
| _version_ | 1797255937230110720 |
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| author | T. V. Kramin I. V. Mirgaleyeva |
| author_facet | T. V. Kramin I. V. Mirgaleyeva |
| author_sort | T. V. Kramin |
| collection | DOAJ |
| description | Objective: to develop and substantiate one of the mechanisms of corporate strategy formation of an industrial enterprise cost management. Methods: institutional, cost and systemic approaches. Results: in the article the classification of corporate strategies is elaborated in the framework of the cost management system. In accordance with the structure of the cost management system, the classification of corporate strategy is used, which is universal from the point of view of cost management: integration at the level of managerial decision-making; integration at the level of key competencies; integration at the level of cost factors; integration at integrative-cost level. Each of these types of integration involves vertical and horizontal integration. Scientific novelty: in the article the corporate strategies classification is elaborated, in the framework of the cost management system. Practical value: a holistic, systemic approach to the corporate strategy classification facilitates the search, selection and forming of optimal corporate strategy for each specific business. The main tool of this choice is the concept of cost management. |
| first_indexed | 2024-03-08T23:15:30Z |
| format | Article |
| id | doaj.art-7cafe84c28a3426696c8b8b84cfbeb2a |
| institution | Directory Open Access Journal |
| issn | 2782-2923 |
| language | English |
| last_indexed | 2024-04-24T22:13:47Z |
| publishDate | 2015-03-01 |
| publisher | Tatar Educational Center “Taglimat” Ltd. |
| record_format | Article |
| series | Russian Journal of Economics and Law |
| spelling | doaj.art-7cafe84c28a3426696c8b8b84cfbeb2a2024-03-20T08:16:48ZengTatar Educational Center “Taglimat” Ltd.Russian Journal of Economics and Law2782-29232015-03-01011871921806FORMING THE CORPORATE STRATEGY OF COST MANAGEMENT OF AN INDUSTRIAL ENTERPRISET. V. Kramin0I. V. Mirgaleyeva1Institute of Economics, Management and Law (Kazan)Institute of Economics, Management and Law (Kazan)Objective: to develop and substantiate one of the mechanisms of corporate strategy formation of an industrial enterprise cost management. Methods: institutional, cost and systemic approaches. Results: in the article the classification of corporate strategies is elaborated in the framework of the cost management system. In accordance with the structure of the cost management system, the classification of corporate strategy is used, which is universal from the point of view of cost management: integration at the level of managerial decision-making; integration at the level of key competencies; integration at the level of cost factors; integration at integrative-cost level. Each of these types of integration involves vertical and horizontal integration. Scientific novelty: in the article the corporate strategies classification is elaborated, in the framework of the cost management system. Practical value: a holistic, systemic approach to the corporate strategy classification facilitates the search, selection and forming of optimal corporate strategy for each specific business. The main tool of this choice is the concept of cost management.https://www.rusjel.ru/jour/article/view/1808corporate strategycost managementintegrationcompetitive advantagesstrategic economy unitstransaction costscore competencemega-competencecommand competenceindividual competence |
| spellingShingle | T. V. Kramin I. V. Mirgaleyeva FORMING THE CORPORATE STRATEGY OF COST MANAGEMENT OF AN INDUSTRIAL ENTERPRISE Russian Journal of Economics and Law corporate strategy cost management integration competitive advantages strategic economy units transaction costs core competence mega-competence command competence individual competence |
| title | FORMING THE CORPORATE STRATEGY OF COST MANAGEMENT OF AN INDUSTRIAL ENTERPRISE |
| title_full | FORMING THE CORPORATE STRATEGY OF COST MANAGEMENT OF AN INDUSTRIAL ENTERPRISE |
| title_fullStr | FORMING THE CORPORATE STRATEGY OF COST MANAGEMENT OF AN INDUSTRIAL ENTERPRISE |
| title_full_unstemmed | FORMING THE CORPORATE STRATEGY OF COST MANAGEMENT OF AN INDUSTRIAL ENTERPRISE |
| title_short | FORMING THE CORPORATE STRATEGY OF COST MANAGEMENT OF AN INDUSTRIAL ENTERPRISE |
| title_sort | forming the corporate strategy of cost management of an industrial enterprise |
| topic | corporate strategy cost management integration competitive advantages strategic economy units transaction costs core competence mega-competence command competence individual competence |
| url | https://www.rusjel.ru/jour/article/view/1808 |
| work_keys_str_mv | AT tvkramin formingthecorporatestrategyofcostmanagementofanindustrialenterprise AT ivmirgaleyeva formingthecorporatestrategyofcostmanagementofanindustrialenterprise |