The Target Cost Management in the Textile Enterprises
Liu Min
Abstract
Liu Min
Abstract
The market's competition makes decision to the cost competition among the enterprises.The practice experience of many enterprises home and abroad makes clear that the target cost management is an effective cost management style,and it is applicable to any cost domain which are required to control.We define the content of target cost management on the basis of consulting the theory of target cost managment,absorb and make use of the latest cost management concept in accounting circles.
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The market's competition makes decision to the cost competition among the enterprises.The practice experience of many enterprises home and abroad makes clear that the target cost management is an effective cost management style,and it is applicable to any cost domain which are required to control.We define the content of target cost management on the basis of consulting the theory of target cost managment,absorb and make use of the latest cost management concept in accounting circles.
Key concepts: Cost accounting, Product cost management, Competition (biology), Business, Cost engineering, Target costing, Cost reduction, Relevant cost