PRIME COST IN STRATEGIC CONTEXT Cover Image

СЕБЕСТОЙНОСТТА В СТРАТЕГИЧЕСКИ КОНТЕКСТ
PRIME COST IN STRATEGIC CONTEXT

Author(s): Lyudmila Mihaylova, Emil Papazov
Subject(s): Economy, Business Economy / Management
Published by: Икономически университет - Варна
Keywords: business management; strategic context; cost
Summary/Abstract: Costing by product, activity, or customer across all businesses is important because it shows the relationship between business analysis and taking of management decisions. The cost of production is related to the correct pricing of products and services, planning of new products, and taking active action in a dynamic environment. The purpose of the paper is to highlight important aspects concerning cost of production in strategic context.