Strategic cost management
13 important questions on Strategic cost management
What cost control system treats pre- and post manufacturing costs as period costs
See if profits made during the manufacturing phase cover pre- and post-manufacturing costs
Understand how life-cycle costs are comitted and incurred at different stages and manage those costs during a products's planning and design phase
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During which stage is Kaizen costing applied?
During which stage is target costing applied
On what does Kaizen costing focus?
What is the aim of Kaizen costing?
Process improvements through small incremental amounts rather that through large innovations
A collection of activities that are linked together in a co-ordinated manner to achieve a specific objective
Which costs are nog accumulated as a seperate cost object?
Environmental cost management:
- Visible vs. Hidden
- private vs. Social
The linked set of value-creating activities from supplier to customer
What do critics claim that traditional accounting does wrong in terms of the value chain
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