EconPapers    
Economics at your fingertips  
 

Target Cost Management and its Application in Iran's Industry

Aliakbar Nikoueghbal
Additional contact information
Aliakbar Nikoueghbal: Assistant Professor, Faculty of Economics University of Tehran

Iranian Economic Review (IER), 2011, vol. 16, issue 3, 1-17

Abstract: The target costing management is a collection of methods and tools of efficient management like activity based on cost (ABC), value engineering, value cycle, Kaizen, life cycle of product that follows the purpose of decreasing cost products through design and production phase to produce customer’s favorite product with desired price and ultimately distribute in the market. Several studies by Masters and PhD students in this field have been done show that the necessity of using these techniques in the organization has been felt in Iran in the recent years. Some organizations already used these techniques for achieving the above objectives and some of them have already achieved a moderate degree of successes. ََThe current conditions of the world economic activity in the markets for commercial successes require high-quality products and services. In the new concept, the influence of these new techniques would have a great impact on the demand of customers.

Keywords: Target Costing; Methods of pricing; Customer Needs (search for similar items in EconPapers)
Date: 2011
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
ftp://80.66.179.253/eut/journl/20113-1.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eut:journl:v:16:y:2011:i:3:p:1

Access Statistics for this article

Iranian Economic Review (IER) is currently edited by Dr.Hossien Abbasinejad

More articles in Iranian Economic Review (IER) from Faculty of Economics,University of Tehran.Tehran,Iran Contact information at EDIRC.
Bibliographic data for series maintained by [z.rahimalipour] ().

 
Page updated 2025-03-19
Handle: RePEc:eut:journl:v:16:y:2011:i:3:p:1