COST MANAGEMENT EVOLUTION FOR MANUFACTURING COMPANIES
COST MANAGEMENT EVOLUTION FOR MANUFACTURING COMPANIES

Author(s): Vladimir Shatrevich
Subject(s): Business Economy / Management, Accounting - Business Administration
Published by: Masarykova univerzita nakladatelství
Keywords: Cost management; manufacturing; business strategy; innovation; sustainable development; strategic management;
Summary/Abstract: This paper researches of newest tendencies of cost management evolution. The main goal of this paper is to evaluate of the current situation, tasks and development trends for the manufacturing companies in developing countries. The aim of this paper is to analyze the crucial aspects of cost management tools that influence the financial output of the companies. Our main conclusion is that cost management needs to be upgraded with some tools from strategic management.

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