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Scheme of the Process of Calculation of the Standard Price of Products in an International Corporation

Author

Listed:
  • Lyashenko Igor N.

    (Kyiv National University named after T. Shevchenko)

  • Verbitskaya Valentina V.

    (Kyiv National University named after T. Shevchenko)

Abstract

The article offers a scheme of the process of calculation of a standard price for consideration. This scheme includes three stages. The first stage - the task of price aggregation. The article describes a model for aggregation of calculation of standard prices with the help of analysis of topical literature and modern methods of aggregation of mathematic models. The second stage is the task of optimisation of analysis of obtained indicators. The third stage is the task of decision making with many input parameters, since the strategy of behaviour should be developed individually for each company on the basis of obtained indicators and market conditions. The fourth stage, in accordance with the obtained result of the task of decision making, is development of a plan or strategy of further development.

Suggested Citation

  • Lyashenko Igor N. & Verbitskaya Valentina V., 2013. "Scheme of the Process of Calculation of the Standard Price of Products in an International Corporation," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 6, pages 270-274.
    • Handle: RePEc:idp:bizinf:y:2013:i:6:p:270_274
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