Organizational And Economic Cost Management Mechanism And Cost Effectiveness Indicators

Abstract

The approaches to the definitions of an organizational and economic cost management mechanism are formulated. The article presents specific internal and external characteristics of machine-building enterprises, the main threat and opportunity for their development. Special attention is focused on the time factor that helps to form an organizational and economic mechanism taking into account operational, tactical and strategic approaches for implementing at the machine-building enterprises. As a result of assumptions the organizational and economic cost management mechanism is clearly presented in the form of a scheme. Based on the time factor and the selected approaches, the importance of separating of capital expenditures and current costs is emphasized. It is also revealed the necessity for separate study of costs that are formed on the basis of the cost structure according to bookkeeping rules, as well as on the basis of their construction within the framework of cash flows. This paper defines a system of indicators for evaluating economic efficiency within the framework of the selected tactical and strategic approaches of the organizational and economic cost management mechanism. At the same time, the cost indicators specified in this system were presented in the form of coefficients for clarity and grouped into a table. The annual cost formula is given in the framework of the specified cash flow calculation algorithm.