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| rdf:type
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| Description
| - This article describes one of the new cost management tools; it deals with the concept of product life cycle costing. This concept belongs to a group of value-oriented strategic tools which usually provide operational controlling.The concept of life cycle costing (LCC) is a principle that says that almost all products have a limited market lifespan.A very difficult task is to determine the stage in which the product is located. At the same time, how long a particular stage lasts or persists is very individual for each product. LCC can be linked to the issue of the market life cycle (MLC). By focusing on both LCC and MLC, businesses obtain comprehensive information on the competition and potential product development, and can better select the optimal product performance strategy. Life cycle costing is one of the ways of strategically managing costs, i.e. how costs can be influenced in the long-term. Costing controls and influences the different stages of the product life cycle. While it may seem that it mainly focuses on the costs which are generated mainly in non-production stages, in reality it the production stage should not be neglected in cost management. Cost management in the manufacturing stage and in non-production stages defines the difference between traditional and modern costing tools. Traditional costing focuses mainly on the production stage, but as modern trends show costs in non-production stages or in other stages of the life cycle of a product also need to be monitored and calculated. Today, the concept has already surpassed traditional calculation methods as a result of globalization, which is characterized by a highly turbulent and highly competitive environment. Focus on new costing trends is existentially important for businesses.
- This article describes one of the new cost management tools; it deals with the concept of product life cycle costing. This concept belongs to a group of value-oriented strategic tools which usually provide operational controlling.The concept of life cycle costing (LCC) is a principle that says that almost all products have a limited market lifespan.A very difficult task is to determine the stage in which the product is located. At the same time, how long a particular stage lasts or persists is very individual for each product. LCC can be linked to the issue of the market life cycle (MLC). By focusing on both LCC and MLC, businesses obtain comprehensive information on the competition and potential product development, and can better select the optimal product performance strategy. Life cycle costing is one of the ways of strategically managing costs, i.e. how costs can be influenced in the long-term. Costing controls and influences the different stages of the product life cycle. While it may seem that it mainly focuses on the costs which are generated mainly in non-production stages, in reality it the production stage should not be neglected in cost management. Cost management in the manufacturing stage and in non-production stages defines the difference between traditional and modern costing tools. Traditional costing focuses mainly on the production stage, but as modern trends show costs in non-production stages or in other stages of the life cycle of a product also need to be monitored and calculated. Today, the concept has already surpassed traditional calculation methods as a result of globalization, which is characterized by a highly turbulent and highly competitive environment. Focus on new costing trends is existentially important for businesses. (en)
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| Title
| - Life Cycle Costing
- Life Cycle Costing (en)
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| skos:prefLabel
| - Life Cycle Costing
- Life Cycle Costing (en)
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| skos:notation
| - RIV/00216275:25410/11:39892556!RIV12-MSM-25410___
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| http://linked.open...avai/riv/aktivita
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| http://linked.open...avai/riv/aktivity
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| http://linked.open...vai/riv/dodaniDat
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| http://linked.open...aciTvurceVysledku
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| http://linked.open.../riv/druhVysledku
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| http://linked.open...iv/duvernostUdaju
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| http://linked.open...titaPredkladatele
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| http://linked.open...dnocenehoVysledku
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| http://linked.open...ai/riv/idVysledku
| - RIV/00216275:25410/11:39892556
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| http://linked.open...riv/jazykVysledku
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| http://linked.open.../riv/klicovaSlova
| - Kaizen costing; life cycle costing; stages of life cycle; market life cycle; product life cycle (en)
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| http://linked.open.../riv/klicoveSlovo
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| http://linked.open...ontrolniKodProRIV
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| http://linked.open...v/mistoKonaniAkce
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| http://linked.open...i/riv/mistoVydani
| |
| http://linked.open...i/riv/nazevZdroje
| - International Conference SMEs in a Globalized World: conference proceedings
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| http://linked.open...in/vavai/riv/obor
| |
| http://linked.open...ichTvurcuVysledku
| |
| http://linked.open...cetTvurcuVysledku
| |
| http://linked.open...UplatneniVysledku
| |
| http://linked.open...iv/tvurceVysledku
| |
| http://linked.open...vavai/riv/typAkce
| |
| http://linked.open.../riv/zahajeniAkce
| |
| number of pages
| |
| http://purl.org/ne...btex#hasPublisher
| - Universitatea Babeş-Bolyai
|
| https://schema.org/isbn
| |
| http://localhost/t...ganizacniJednotka
| |
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