Economics, Entrepreneurship, Management

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Article

Optimization of administrative management costs

Nazar Podolchak Bohdan Chepil
Abstract

It is important to determine the optimal level of administrative costs in order to achieve main targets of any enterprise, to perform definite tasks, to implement these tasks and not to worsen condition and motivation of the workers. Also it is essential to remember about strategic goals in the area of HR on the long run. Therefore, the main idea in using optimization model for assessing the effectiveness of management costs will be to find the minimum level of expenses within the given limits

Keywords

administrative costs, optimization model, levels of management

Download article

Received 05.01.2015, Revised 01.03.2015, Accepted 05.04.2015

Retrieved from Vol. 2, No. 1, 2015

Suggested citation

Podolchak, N., & Chepil, B. (2015). Optimization of administrative management costs. Economics, Entrepreneurship, Management, 2(1), 53-58. https://doi.org/10.23939/eem2015.01.053

https://doi.org/10.23939/eem2015.01.053

Pages 53-58

References

References in the process of publication
ISSN 2312-3435 e-ISSN 2413-7634
DOI: 10.56318/eem