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Efficient Actions for Cutting Down the Costs in Tourism Industry Companies in a Crisis Period

Author

Listed:
  • GABROVEANU Emilia

    (Romanian-American University of Bucharest)

  • RADNEANTU Nicoleta

    (Romanian-American University of Bucharest)

  • STAN Roxana Elena

    (Romanian-American University of Bucharest)

Abstract

A decision making process, deployed on different organisational levels needs to support on data regarding the registered costs and other relevant analysis, derived from the inside of the company, provided by a managerial accountancy that has to answer to the necessity of information required by the company's management. This article exposes several considerations regarding the managerial control importance of costs calculation and accountancy, as well as the directions for cutting down the expenditures in this stage of Romanian economy. How can be achieved a permanent awareness of the management in order to achieve the performance objectives? In practice it is a question to which we receive answers in a more or less ambiguous manner.

Suggested Citation

  • GABROVEANU Emilia & RADNEANTU Nicoleta & STAN Roxana Elena, 2010. "Efficient Actions for Cutting Down the Costs in Tourism Industry Companies in a Crisis Period," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 50-54, May.
    • Handle: RePEc:ovi:oviste:v:10:y:2010:i:1:p:50-54
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    More about this item

    Keywords

    economic crisis; tourism industry; competition;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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