IDEAS home Printed from https://ideas.repec.org/a/eph/journl/v4y2009i3n11.html
   My bibliography  Save this article

Cost management in the conditions of the actual world financial crisis

Author

Listed:
  • Eliza Ştefania BANA

    (Academy of Economic Studies, Bucharest)

  • Florin SGARDEA

    (Academy of Economic Studies, Bucharest)

Abstract

In this article we outlined the importance of the costs of providing the necessary information to the management in order to take the best decisions in crisis conditions. We considered the following objectives that an enterprise should have in the conditions of an unfavourable economic environment: the importance of the costs with the wages in the cost structure of the enterprise, the analysis of the hidden costs, the investment policy in crisis conditions, the expenses with financing on short term, the readjustment of the commercial contracts and limiting the expenses with external labour conscription, the sales growth policy by diminishing the advertising expenses.

Suggested Citation

  • Eliza Ştefania BANA & Florin SGARDEA, 2009. "Cost management in the conditions of the actual world financial crisis," Management & Marketing, Economic Publishing House, vol. 4(3), Autumn.
    • Handle: RePEc:eph:journl:v:4:y:2009:i:3:n:11
    as

    Download full text from publisher

    File URL: http://www.managementmarketing.ro/pdf/articole/157.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eph:journl:v:4:y:2009:i:3:n:11. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Simona Vasilache (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.