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Cost Management
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We have written this book to help you understand the role of cost management in helping an organization
succeed. Unlike many books that aim to teach you about accounting, we aim to show you how an important
area of accounting, cost management, is used by managers to help organizations achieve their goals.
An important aspect of cost management in our text is the strategic focus. By strategy we mean the
long-term plan the organization has developed to compete successfully. Most organizations strive
to achieve a competitive edge through the execution of a specific strategy. For some firms it is low
cost, and for others it might be high quality, customer service, or some unique feature or attribute of
its product or service. We know in these competitive times that an organization does not succeed by
being ordinary. In contrast, it develops a strategy that will set it apart from competitors and ensure its
attractiveness to customers and other stakeholders into the future.
Edward J. Blocher - Personal Name
5th Edition
NONE
Cost Management
Accounting
English
2010
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