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Concept of value in the functional and cost approach to the improvement of staff management system of a company


Zlygostev A.N.
(about the author)

Zlygostev A.N. –

Published in:
Russian Journal of Labor Economics
– Volume 4, Number 3 (July-September 2017)

JEL classification: J30, J50, J81

Keywords: cost price of the object, functional-cost approach, individual person, profit, staff management system of a company, staffing and organizational structure, value


Citation:
Zlygostev A.N. (2017). Concept of value in the functional and cost approach to the improvement of staff management system of a company. Russian Journal of Labor Economics, 4(3), 223-230. doi: 10.18334/et.4.3.38240


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Abstract:

In this article, we try to understand the concept of "value" by examining its fixed definitions. We suggest a more accurate definition of "value " in our opinion for the application of the functional-cost approach to the study of the object of the research, in this case, applied to the study of the staff management system of a company. We show the principles of effective activity of the organization and an algorithm of the mechanism for improving staff and organizational structure of the enterprise.








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