Strategic cost managementit is a management philosophy, Ask an Expert

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Strategic Cost Management

It is a management philosophy pioneered by John Shank, in that decisions concerning specific cost drivers are made within the context of a company business strategy, its position in a larger value chain encompassing and its internal value chain, the initiation of a project and the delivery of the final product to its customers.

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Strategic Management, Management Studies

Category:- Strategic Management
Reference No.:- M9511933

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