Engineering
4 years ago

Innovative Target Costing Methodology Essential for Business Survival in Digital Economy

Studies in systems, decision and control
The Prospects for Using the Target Costing Concept in Domestic Enterprises
М. I. Samogorodskaya, Irina A. Bejnar, T. S. Narolina

Paper Summary

Related papers

Decision Sciences
2 years ago

New Cost Accounting Patterns Boost Business Efficiency and Profit Margins

Theory of Constraints
Supply Chain Knowledge
Management Control
Theme background image
Engineering
8 years ago

Revolutionizing cost estimation for innovative products with data-driven solutions!

Design Manufacture
Life Cycle Costing
Technology Readiness
Theme background image
Engineering
8 years ago

Revolutionizing cost management strategies for increased efficiency and profitability.

Design Manufacture
Theory of Constraints
End-User Engineering

The article discusses how using Target Costing can help businesses manage costs throughout a product's life cycle. This method is different from traditional cost accounting and is crucial for companies looking to stay competitive in today's fast-paced business environment. By implementing Target Costing, enterprises can innovate and improve their market positions.