 IntroductionPieter Buys ()
Chapter Chapter 1 in Designing Cost Management Systems to Support Business Decision-Making, 2021, pp 1-10 from Springer Abstract: Abstract The dynamic nature of the contemporary business environment requires a proper understanding of the importance of effective cost management. Access to relevant cost information however, is only possible if appropriate cost management systems are in place. In this context, the self-regulatory cybernetics concept, with its emphasis on the principles of control, output and feedback, fosters an understanding of the inter-dependent relationships of organisational systems. The objective encapsulated in the case studies focusses on how an integrative systems approach to cost management leads to the understanding of its role in effective corporate management. The first two case studies presented focus on the engineering sector, while the remaining case studies focus on the services sector, and then specifically a digital technology services provider, a medical insurance services provider, public sector services provider and finally an automotive services provider. Keywords: Cost management; Cost management systems; Cybernetics; Organisational systems (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-1751-5_1 Ordering information: This item can be ordered from DOI: 10.1007/978-981-16-1751-5_1 Access Statistics for this chapter More chapters in Springer Books from Springer |
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