Production Control through Costs Based on Activities - Case of the Romanian Companies

Production Control through Costs Based on Activities - Case of the Romanian Companies

It is known that the cost of production holds the largest share of the total operating costs of a company. Therefore, in order for a company to survive, grow and pay its shareholder by generating a reasonable profit, the effective and efficient control of such a cost by management becomes very impor...

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Main Authors: Violeta Maria ISAI, Caterina NICOARA OANA, Riana Iren RADU
Format: Article
Language:English
Published: Dunarea de Jos University of Galati 2019-08-01
Series:Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
Online Access:http://www.eia.feaa.ugal.ro/images/eia/2019_2/Isai_Nicoara_Radu.pdf
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spelling doaj-998dba6b65e54799abf0be812f6f33b12020-11-25T00:09:54ZengDunarea de Jos University of GalatiAnnals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics1584-04091584-04092019-08-012528690Production Control through Costs Based on Activities - Case of the Romanian CompaniesVioleta Maria ISAI0Caterina NICOARA OANA1Riana Iren RADU2Dunarea de Jos University of Galati, RomaniaDunarea de Jos University of Galati, RomaniaDunarea de Jos University of Galati, RomaniaIt is known that the cost of production holds the largest share of the total operating costs of a company. Therefore, in order for a company to survive, grow and pay its shareholder by generating a reasonable profit, the effective and efficient control of such a cost by management becomes very important. When the cost is not properly controlled and maintained by ensuring that actual results are in line with predefined standards, it could result in higher operating costs, lower profit margins, and ultimately discontent among owners and potential investors.http://www.eia.feaa.ugal.ro/images/eia/2019_2/Isai_Nicoara_Radu.pdf
collection DOAJ
language English
format Article
sources DOAJ
author Violeta Maria ISAI
Caterina NICOARA OANA
Riana Iren RADU
spellingShingle Violeta Maria ISAI
Caterina NICOARA OANA
Riana Iren RADU
Production Control through Costs Based on Activities - Case of the Romanian Companies
Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
author_facet Violeta Maria ISAI
Caterina NICOARA OANA
Riana Iren RADU
author_sort Violeta Maria ISAI
title Production Control through Costs Based on Activities - Case of the Romanian Companies
title_short Production Control through Costs Based on Activities - Case of the Romanian Companies
title_full Production Control through Costs Based on Activities - Case of the Romanian Companies
title_fullStr Production Control through Costs Based on Activities - Case of the Romanian Companies
title_full_unstemmed Production Control through Costs Based on Activities - Case of the Romanian Companies
title_sort production control through costs based on activities - case of the romanian companies
publisher Dunarea de Jos University of Galati
series Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
issn 1584-0409
1584-0409
publishDate 2019-08-01
description It is known that the cost of production holds the largest share of the total operating costs of a company. Therefore, in order for a company to survive, grow and pay its shareholder by generating a reasonable profit, the effective and efficient control of such a cost by management becomes very important. When the cost is not properly controlled and maintained by ensuring that actual results are in line with predefined standards, it could result in higher operating costs, lower profit margins, and ultimately discontent among owners and potential investors.
url http://www.eia.feaa.ugal.ro/images/eia/2019_2/Isai_Nicoara_Radu.pdf
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AT caterinanicoaraoana productioncontrolthroughcostsbasedonactivitiescaseoftheromaniancompanies
AT rianairenradu productioncontrolthroughcostsbasedonactivitiescaseoftheromaniancompanies
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