Cost AnalysisKnowledge Center |
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Here we exchange knowledge and experiences in the field of Cost Analysis.
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What is Cost Analysis?A Strategic Cost Analysis in which operating costs and assets are assigned to the activities in which they are incurred, is needed for any firm to understand its cost position. Whether it has a Cost Leadership strategy or a Differentiation strategy. To be meaningful, the analysis must not happen at the level of the firm as a whole, but at a more detailed level. The required level of detail of a cost analysis depends on three things:
Steps in a Strategic Cost Analysis
Cost Advantage results if the firm achieves a lower cumulative cost of performing all its Value Chain Activities than its competitors.
Compare with: Cost of Capital | Microfinance |
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