The Application of Value Chain Analysis and Benchmarking in Cost Management

Conference paper
First Online:

Abstract

Value chain analysis is a seeking tool for determining competitive advantage. It uses systematic methods to examine the activities and relationships of the enterprise to find the competitive advantage resources. Benchmarking is an evaluation of their own businesses and the mean to study other organizations. In this paper the value chain analysis and benchmarking can help managers to know which performance measures are most critical in determining their firm’s overall success. They are important for cost management.

Keywords

Benchmarking Cost management Future expectation Value chain analysis 
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Copyright information

© Springer-Verlag Berlin Heidelberg 2013

Authors and Affiliations

  1. 1.Planning and Development OfficeJilin Architectural and Civil Engineering InstituteChangchunPeople’s Republic of China
  2. 2.School of EconomicsNortheast Normal UniversityChangchunPeople’s Republic of China
  3. 3.Changchun Expressway Management BranchJilin Province Expressway AdministrationChangchunPeople’s Republic of China

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