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Strategic Cost Management Practices


Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
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  • Product Description

In a dynamic and competitive economic environment any business activity needs an integrative approach to organize a set of specialists from different departments into cross-functional teams that all strive for a certain goal such as cost, quality, and lead time, forming an integrated planning and execution system. Traditional cost approaches are no longer adequate, strategic cost management understands what causes costs to occur, through cost driver analysis and value chain analysis. The knowledge derived from this process can lead to revenue enhancement, cost reduction and increased productivity; companies can also increase understanding of profitability, satisfy customer demand and meet profit targets. This book, therefore, provides a new strategic success-driver to the company and contributes in shaping the future of the company at a competitive advantage. Competitive strategy defines the goals that an organization must attain to satisfy market demands and remain profitable. Cost management provides the means that helps the organization to achieve these goals. It does so by integrating the strategic variables of market trends, customer needs, technology advances, and

Product Specifications
SKU :COC67191
AuthorFathimunisa Begam Afsar Hanfy
Number of Pages164
Publishing Year2013-02-25T00:00:00.000
Edition1 st
Book TypeLaw
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-08 00:00:00