On Relationship Between Enterprise Cost Control and Goal of Financial Management
Ting Zhou
Abstract
Ting Zhou
Abstract
If an enterprise wants to have long-term benefit,it must strategically implement cost control,which plays a positive role in promoting the enterprise's profit,the share holders' benefits and financial goal,etc.As a modern enterprises,it should set up a concept of value maximization and recognize the importance of cost control strategy to expand the sphere of cost control,so that it can achieve the goal of financial management better and assist the enterprise to yield the greatest returns on investment
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If an enterprise wants to have long-term benefit,it must strategically implement cost control,which plays a positive role in promoting the enterprise's profit,the share holders' benefits and financial goal,etc.As a modern enterprises,it should set up a concept of value maximization and recognize the importance of cost control strategy to expand the sphere of cost control,so that it can achieve the goal of financial management better and assist the enterprise to yield the greatest returns on investment
Key concepts: Maximization, Business, Control (management), Profit (economics), Profit maximization, Finance, Financial management, Investment (military)