In the asymmetric cost behavior model, managers play an active role in determining cost behavior by adding or removing resources as activity changes. Cost stickiness occurs when managers deliberately retain slack resources resulting from a decline in sales activity between periods. Because both...

An evolution in public procurement is underway. One of the major novelties in the EU public procurement law is the introduction of a life-cycle costing (LCC) approach in the evaluation of the most economically advantageous tender. This novelty is not a coincidence but goes hand in hand with the...