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Forest management units through cost

Author

Listed:
  • Cristina Otilia Tenovici
  • Mihaela Albici

Abstract

Costs minimizing and profit maximizing make the costs adjustment seems to be a vital necessity when the activity developed within the company does not assure the maintenance and stability of the necessary relation between consuming factors and costs. In such circumstances, approaching differing sides of the production cost and improving the methods of calculation has much significance in determining the most appropriate measures necessary for its adjustment and for profit increasing. The whole informational process of costs – formation, control and analysis of costs – involves a careful use the methodological concepts known under the name of classical methods and modern or complementary methods, as well as of other proceedings. Such methods and proceedings cannot be applied separately, only conjugated and integrated in a unitary methodological system, each of these methods and proceedings participating at achieving one or more objectives. Only by their unitary action they can fulfill all the system objective

Suggested Citation

  • Cristina Otilia Tenovici & Mihaela Albici, 2010. "Forest management units through cost," Studies and Scientific Researches. Economics Edition, "Vasile Alecsandri" University of Bacau, Faculty of Economic Sciences, issue 15.
  • Handle: RePEc:bac:fsecub:10-15-80
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    More about this item

    Keywords

    Cost; economic efficiency; decisions substantiation; traditional and modern methods for costs determining.;

    JEL classification:

    • M - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics
    • Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics

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