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Budgets and Cost Control

  • H. W. Nance

Abstract

Companies have always had a constant struggle with competitors. This struggle, however, has increased in the last decade as the competition has grown from that of principally U. S. based firms to include firms worldwide. This worldwide competition has not only increased the importance of price, but also that of product quality. Companies can no longer just equal or be slightly below competition in quality if they desire an equal or higher price for their product. Most foremen have had experience in this change in trend during the past decade.

Keywords

Fixed Cost Cost Control Standard Cost Favorable Variance Expendable Tool 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Van Nostrand Reinhold Company Inc. 1984

Authors and Affiliations

  • H. W. Nance

There are no affiliations available

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