Literature review on cost control and cost reduction
Answers
Answered by
0
what is your question I couldn't understand..........
Answered by
0
Answer:
Cost control is a common terminology we have heard when we talk about business operations.
Companies follow this practice in identifying and reducing business expenses so as to increase the price.
Budgeting is an important part of cost control. Following the are common cost reduction techniques followed by any company: budgetary control, value analysis, Contribution analysis, standard costing, cost-benefit analysis, job evaluation.
Similar questions