Cost management
What is
Cost management
Cost management encompasses all activities in the company, aimed at improving the effectiveness and efficiency of business processes. Not only to reduce costs but to overall company effectiveness.
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Related terms and methods:
- Activity Based Costing (ABC)
- Corporate Governance
- Cost-cutting
- Costs
- Effectiveness
- Efficiency
- Fixed Costs
- Variable Costs
Related management field:
Last update: 29.07.2016
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