Efficient Actions for Cutting Down the Costs in Tourism Industry Companies in a Crisis Period

Emilia Gabroveanu (), Nicoleta Radneantu and Roxana Elena Stan ()
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Emilia Gabroveanu: Romanian-American University of Bucharest
Roxana Elena Stan: Romanian-American University of Bucharest

Ovidius University Annals, Economic Sciences Series, 2010, vol. X, issue 1, 50-54

Abstract: A decision making process, deployed on different organisational levels needs to support on data regarding the registered costs and other relevant analysis, derived from the inside of the company, provided by a managerial accountancy that has to answer to the necessity of information required by the company's management. This article exposes several considerations regarding the managerial control importance of costs calculation and accountancy, as well as the directions for cutting down the expenditures in this stage of Romanian economy. How can be achieved a permanent awareness of the management in order to achieve the performance objectives? In practice it is a question to which we receive answers in a more or less ambiguous manner.

Keywords: economic crisis; tourism industry; competition (search for similar items in EconPapers)
JEL-codes: L83 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:10:y:2010:i:1:p:50-54

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