THE CRISIS AND THE COST MANAGEMENT
Journal Title: Annales Universitatis Apulensis series Oeconomica - Year 2009, Vol 11, Issue 1
Abstract
The aim of the present study is the analysis of the phenomenon of contemporary crisis and its unfavourable effects upon the global economy, in general, and the developing countries, in particular. It also has in view the most appropriate decisions that the management of an entity should take under recession conditions. The reduction of prices becomes a priority for the entities, and the first anti-crisis measure in the present economic context. More attention should be paid to the reduction of fixed and variable costs, taking into account the aim of maintaining the profitability and financial equilibrium into an instable and unpredictable business environment.
Authors and Affiliations
Sorin Briciu, Florentina Sas
Keywords
Related Articles
- EP ID EP118931
- DOI -
- Views 88
- Downloads 0
COMPARATIVE STUDY ON ACCOUNTING MODELS "CASH" AND "ACCRUAL
Accounting, as a source of information, can recognize the economic transactions taking into account the time of payment or receipt thereof, as soon as they occur. There are two basic models of accounting: accrual basis...
CARD FRAUD EVOLUTION REGULATION AND PREVENTION MEASURES
In this paper I presented the most frequently appeared card frauds, useful tips and indications to fight against this type of frauds Due to his great utility and effectiveness, debit and credit cards have a big impact on...
CONTROVERSIES ON INTEGRATED ACCOUNTING SYSTEM
: Integrated solution for enterprise information system is the ideal solution to optimize the flow of financial and accounting information The effort to collect, process and disseminate information is high and time consu...
OPPORTUNITY COST OF EDUCATIONAL HUMAN CAPITAL INVESTMENT. APPLICATION FOR THE POSITION OF BENEFICIARY-INVESTOR
The present paper focuses on providing a model of applying the opportunity cost concept on investments in human educational capital. In the first part we have shown that the real costs of educational capital investment d...
COGNITIVE MEANINGS OF MANAGEMENT CONTROL IN ESTIMATING THE DEGREE FOR ACHIEVING THE STRATEGY
The control shall provide to managers the information dynamic, real, preventive, which raises the value of conclusions and quality decisions. Control is a tool for knowing reality, and the possibility of identifying and...