| Attributes | Values |
|---|
| rdf:type
| |
| Description
| - Most of the management disciplines are currently directed mainly at corporate performance, where we can identify a myriad of approaches to reduce costs by focusing on processes. One of these basic approaches is lean management that deals with the aspect ratio of business processes, focusing only on activities that are needed and deliver the required performance. Equally important and used in business practice is strategic cost management, which has become a common part of management practice and represents both the control and reduction for both variable and fixed costs. In contrast, cost cutting is a sudden or onetime cost reduction, which is used especially in the period of instability and in the short term it brings a significant effect that helps get the company back to a stabilized level. In the long run, however, it can bring about unpredictable consequences due to a lower quality of goods or services, thus reducing performance. This paper presents a comparison of these three approaches, which from a certain perspective share the same elements and their implementation which can be expected to increase business performance. All approaches can affect a business and its performance negatively if misapplied within the life cycle of the company. This paper presents a comparison of these approaches and recommendations for their implementation, including identification of problem areas.
- Most of the management disciplines are currently directed mainly at corporate performance, where we can identify a myriad of approaches to reduce costs by focusing on processes. One of these basic approaches is lean management that deals with the aspect ratio of business processes, focusing only on activities that are needed and deliver the required performance. Equally important and used in business practice is strategic cost management, which has become a common part of management practice and represents both the control and reduction for both variable and fixed costs. In contrast, cost cutting is a sudden or onetime cost reduction, which is used especially in the period of instability and in the short term it brings a significant effect that helps get the company back to a stabilized level. In the long run, however, it can bring about unpredictable consequences due to a lower quality of goods or services, thus reducing performance. This paper presents a comparison of these three approaches, which from a certain perspective share the same elements and their implementation which can be expected to increase business performance. All approaches can affect a business and its performance negatively if misapplied within the life cycle of the company. This paper presents a comparison of these approaches and recommendations for their implementation, including identification of problem areas. (en)
|
| Title
| - Identification of Differences in Individual Management Approaches to Cost Reduction in Businesses
- Identification of Differences in Individual Management Approaches to Cost Reduction in Businesses (en)
|
| skos:prefLabel
| - Identification of Differences in Individual Management Approaches to Cost Reduction in Businesses
- Identification of Differences in Individual Management Approaches to Cost Reduction in Businesses (en)
|
| skos:notation
| - RIV/47813059:19520/12:#0002020!RIV13-MSM-19520___
|
| http://linked.open...avai/predkladatel
| |
| http://linked.open...avai/riv/aktivita
| |
| http://linked.open...avai/riv/aktivity
| |
| http://linked.open...iv/cisloPeriodika
| |
| http://linked.open...vai/riv/dodaniDat
| |
| http://linked.open...aciTvurceVysledku
| |
| http://linked.open.../riv/druhVysledku
| |
| http://linked.open...iv/duvernostUdaju
| |
| http://linked.open...titaPredkladatele
| |
| http://linked.open...dnocenehoVysledku
| |
| http://linked.open...ai/riv/idVysledku
| - RIV/47813059:19520/12:#0002020
|
| http://linked.open...riv/jazykVysledku
| |
| http://linked.open.../riv/klicovaSlova
| - lean management, corporate performance, corporate management, current management approaches, crisis management, cost management, cost cutting (en)
|
| http://linked.open.../riv/klicoveSlovo
| |
| http://linked.open...odStatuVydavatele
| |
| http://linked.open...ontrolniKodProRIV
| |
| http://linked.open...i/riv/nazevZdroje
| - ECON´12 JOURNAL OF ECONOMICS, MANAGEMENT AND BUSINESS
|
| http://linked.open...in/vavai/riv/obor
| |
| http://linked.open...ichTvurcuVysledku
| |
| http://linked.open...cetTvurcuVysledku
| |
| http://linked.open...UplatneniVysledku
| |
| http://linked.open...v/svazekPeriodika
| |
| http://linked.open...iv/tvurceVysledku
| |
| issn
| |
| number of pages
| |
| http://localhost/t...ganizacniJednotka
| |
| is http://linked.open...avai/riv/vysledek
of | |
![[RDF Data]](/fct/images/sw-rdf-blue.png)
![[cxml]](/fct/images/cxml_doc.png)
![[csv]](/fct/images/csv_doc.png)
![[text]](/fct/images/ntriples_doc.png)
![[turtle]](/fct/images/n3turtle_doc.png)
![[ld+json]](/fct/images/jsonld_doc.png)
![[rdf+json]](/fct/images/json_doc.png)
![[rdf+xml]](/fct/images/xml_doc.png)
![[atom+xml]](/fct/images/atom_doc.png)
![[html]](/fct/images/html_doc.png)