Cost Reduction and Cost Avoidance

Abstract: This 14 page paper considers the ways in which a company may seek to reduce or avoid different types of costs. Different ways of achieving this are discussed, with examples used to illustrate points raised. Methods discussed included developing supplier relations, substitution, standardization, reducing waste, changing payment terms and different process changes. The bibliography cites 5 sources.

Filename: TEcostre.rtf

Pages: 14

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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