Understanding Cost Drivers: A Guide to Better Organizational Performance

Understanding Cost Drivers: A Guide to Better Organizational Performance provides a comprehensive guide to cost management, covering a wide range of topics, from understanding cost drivers and activity-based costing to strategic cost management and future trends. It is written in a clear and concise style, making it accessible to readers of all levels of experience.

This book is essential for anyone who wants to improve their understanding of cost management. It is a practical guide that can help organizations of all sizes and industries to reduce costs, improve profitability, and make better decisions.

The book is divided into ten chapters, each of which covers a different aspect of cost management. The first chapter provides an overview of cost management and its importance. The second chapter discusses cost drivers and how to identify and measure them. The third chapter covers activity-based costing, a powerful tool for understanding the relationship between costs and activities.

The fourth chapter discusses target costing and value engineering, two techniques that can help organizations reduce costs and improve quality. The fifth chapter covers cost management, including cost control techniques, cost reduction strategies, and performance measurement.

The sixth chapter discusses strategic cost management, including cost leadership and differentiation strategies. The seventh chapter covers cost allocation and transfer pricing, two important topics for organizations with multiple divisions or subsidiaries.

The eighth chapter discusses cost accounting systems, including traditional cost accounting systems, activity-based cost accounting systems, and hybrid cost accounting systems. The ninth chapter covers cost analysis and financial reporting, including how to use cost analysis to make better decisions and improve financial performance.

The tenth and final chapter discusses future trends in cost management, including the impact of emerging technologies such as big data and artificial intelligence.

This book is essential reading for anyone who wants to improve their understanding of cost management and its importance in achieving organizational success.

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Publisher ‏: ‎ PageBook24.com (January 13, 2025)
Language : ‎ English
Dimensions ‏: ‎ 6 x 9 inches
Pages ‏: ‎ 195 pages

Pasquale De Marco stands as a prolific author whose literary prowess knows no bounds. With a passion for storytelling that transcends genres, he has made a name for himself as a versatile writer with the extraordinary ability to captivate readers across diverse literary landscapes. His journey as an author is marked by an insatiable curiosity, a love for the written word, and a relentless commitment to sharing knowledge and experiences with the world.

Pasquale De Marco collaborates with a dedicated team of ghostreaders who assist him in evaluating and editing the manuscripts. His collaborators are not only skilled professionals but also avid readers who purchase and read books as a personal hobby. This unique blend of creativity allows Pasquale to push the boundaries of traditional publishing, making literature more accessible and diverse.