ABC model and the management of costs
When a company has multiple objectives at the same time, they all must be considered and balanced when making any business decisions. Linking the markets, capital and resources so as to thus ensure the highest yield is, In fact, the search for competitive advantage as a basic condition for survival...
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| Format: | Article |
| Language: | English |
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Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac
2016-01-01
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| Series: | Trendovi u Poslovanju |
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| Online Access: | http://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2016/2334-816X1601017P.pdf |
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| _version_ | 1823859897229377536 |
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| author | Pravdić Predrag Kučinar Rada |
| author_facet | Pravdić Predrag Kučinar Rada |
| author_sort | Pravdić Predrag |
| collection | DOAJ |
| description | When a company has multiple objectives at the same time, they all must be considered and balanced when making any business decisions. Linking the markets, capital and resources so as to thus ensure the highest yield is, In fact, the search for competitive advantage as a basic condition for survival in a market economy. In highly detailed systems based on the management of costs or ABC (activity based costing) systems, the cost of activities often result in erroneous evaluation of aggregate costs of the action. Improvements in information technology and monitoring decrease of technology costs enabled the ABC system to become a feasible system calculating costs in many organizations. |
| format | Article |
| id | doaj-art-3785faa257dc4437906dabcbbade0b23 |
| institution | Kabale University |
| issn | 2334-816X 2334-8356 |
| language | English |
| publishDate | 2016-01-01 |
| publisher | Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac |
| record_format | Article |
| series | Trendovi u Poslovanju |
| spelling | doaj-art-3785faa257dc4437906dabcbbade0b232025-02-10T19:38:25ZengVisoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, KruševacTrendovi u Poslovanju2334-816X2334-83562016-01-0141172410.5937/trendpos1601017P2334-816X1601017PABC model and the management of costsPravdić Predrag0Kučinar Rada1University of Kragujevac, Faculty of Engineering, Kragujevac, SerbiaZP HET, Trebinje, BiHWhen a company has multiple objectives at the same time, they all must be considered and balanced when making any business decisions. Linking the markets, capital and resources so as to thus ensure the highest yield is, In fact, the search for competitive advantage as a basic condition for survival in a market economy. In highly detailed systems based on the management of costs or ABC (activity based costing) systems, the cost of activities often result in erroneous evaluation of aggregate costs of the action. Improvements in information technology and monitoring decrease of technology costs enabled the ABC system to become a feasible system calculating costs in many organizations.http://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2016/2334-816X1601017P.pdfABC modelmanagementcosts |
| spellingShingle | Pravdić Predrag Kučinar Rada ABC model and the management of costs Trendovi u Poslovanju ABC model management costs |
| title | ABC model and the management of costs |
| title_full | ABC model and the management of costs |
| title_fullStr | ABC model and the management of costs |
| title_full_unstemmed | ABC model and the management of costs |
| title_short | ABC model and the management of costs |
| title_sort | abc model and the management of costs |
| topic | ABC model management costs |
| url | http://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2016/2334-816X1601017P.pdf |
| work_keys_str_mv | AT pravdicpredrag abcmodelandthemanagementofcosts AT kucinarrada abcmodelandthemanagementofcosts |