Sample text for Library of Congress control numberThis book provides tools for managers to understand and interpret financial information as part of their organization's strategic planning and decision-making. The authors say that, regardless of industry or field, all managers must be able to use financial information effectively in their jobs. Through the context of four key questions, the authors explain how to calculate, control, and monitor costs, as well as to integrate cost analysis into organizational decision-making. The book includes examples and practical tips for managers at all levels. Chapter 6, Strategic Cost Management 22 pages , reviews trends in cost analysis and shows how to use it in strategic planning. The authors summarize two techniques that offer a comprehensive view of an organization: value chain analysis and the balanced scorecard. They provide practical guidance for reducing costs and evaluate three methods: target costing, life-cycle costing, and activity-based management.
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Pdf/book of strategic cost management and performance evaluation (new syllabus) by satish jalan sir
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Strategic Cost Management and Performance Evaluation
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