What are the Most Crucial Finance-related Issues?
Engelbert Boos
Chapter 9 in The China Management Handbook, 2003, pp 327-363 from Palgrave Macmillan
Abstract:
Abstract The success of an investment depends very much on a competitive cost structure of the products and an efficient business operation. Lower costs are a prerequisite of attractive sales prices and hence better competitiveness. A high level of competitiveness is the basis for higher sales figures and lower costs in general. As a consequence, the business will achieve better profit margins with positive impact on the investment. It is one of the major tasks of management to improve the business efficiency by an intelligent overview and management of the cost structure.
Keywords: Cash Flow; Foreign Exchange; Foreign Currency; Intangible Asset; Transfer Price (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59972-7_9
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DOI: 10.1057/9780230599727_9
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