COSTS CONTROL IN ENERGY FIELD
Energy has become a strategic factor in global politics, a vital component and a cost factor for economic development and progress of society overall. Given the importance of electricity, both for branches of national economy and for public welfare, the state took over the task of implementing and exploiting the energy system. The result of this action was to create mechanisms for administrative control of prices, through costs. Organizations and managers also put emphasis on cost accounting and control. Expenditure control in the past, present and future is part of the work of all managers in a company. Companies that try to make profit, focus on cost control that affect them directly. Also, knowing the costs, segmented by product is essential for making decisions on price, with further implications in the evolution of turnover.
Year of publication: |
2011
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Authors: | Mihaila, Madalina |
Published in: |
Annals of University of Craiova - Economic Sciences Series. - Facultatea de Economie şi Administrarea Afacerilor, ISSN 1223-365X. - Vol. 3.2011, 39, p. 92-95
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Publisher: |
Facultatea de Economie şi Administrarea Afacerilor |
Subject: | cost management | cost control | cost optimization | pricing | efficiency |
Saved in:
freely available
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