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  • Cost engineering — is an area of engineering practice concerned with the application of scientific principles and techniques to problems of cost estimating, cost control, business planning and management science, profitability analysis, project management, and… …   Wikipedia

  • Cost centre — Cost centres are divisions that add to the cost of the organization, but only indirectly add to the profit of the company. Typical examples include Research and Development, Marketing and Customer service.Companies may choose to classify business …   Wikipedia

  • Cost escalation — is defined as changes in the cost or price of specific goods or services in a given economy over a period of time. This is a similar to the concepts of inflation and deflation except that escalation is specific to an item or class of items (not… …   Wikipedia

  • Cost reduction — is the process used by companies to reduce their costs and increase their profits. Depending on a company’s services or Product, the strategies can vary. However, it is important to remember that every decision in the product development process… …   Wikipedia

  • Cost Equalisation — is the idea that the cost of goods and services will over time equal out and cost equalisation will be achieved.It is typical that when a product is introduced into the market place that the price will be effected by both the quantity produced… …   Wikipedia

  • cost-effective — cost ef.fective adj cost effective bringing the best possible profits or advantages for the lowest possible costs cost effective way of doing sth ▪ the most cost effective way of reducing carbon dioxide emissions ▪ The procedure is quick, easy to …   Dictionary of contemporary English

  • cost cut — cost cutting UK US /ˈkɒstˌkʌtɪŋ/ noun [U] ► the process of reducing how much a company or organization spends: »Restructuring and cost cutting has led to an increase in annual earnings for the industry. cost cutting adjective [before noun] ►… …   Financial and business terms

  • cost-cutting — UK US /ˈkɒstˌkʌtɪŋ/ noun [U] ► the process of reducing how much a company or organization spends: »Restructuring and cost cutting has led to an increase in annual earnings for the industry. cost cutting adjective [before noun] ► »cost cutting… …   Financial and business terms

  • cost accountant — ➔ accountant * * * cost accountant UK US noun [C] ► ACCOUNTING an accountant who examines all the costs involved in a business activity or a production process in order to help managers decide how to make profits or save money: »The prime role of …   Financial and business terms

  • Cost of electricity by source — The cost of electricity generated by different sources measures the cost of generating electricity including initial capital, return on investment, as well as the costs of continuous operation, fuel, and maintenance. The price is normally… …   Wikipedia

  • Cost — This article is about the economic concept. For the scientific organization, see COST. For uses of The Cost , see The Cost (disambiguation). Expenditure redirects here. For personal consumption expenditure, see Consumption (economics). In… …   Wikipedia

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