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Financial Analytics: Science and Experience
 

Effective cost management of corporation in condition of financial crisis

Vol. 3, Iss. 13, OCTOBER 2010

Available online: 8 October 2010

Subject Heading: ECONOMY OF THE ENTERPRISE

JEL Classification: 

Mitina A.S. graduate student, Kuban State University
mail@kubsau.ru

In the present work existing approaches of cost-cutting are examined, the definition of key capabilities is given, new approach to forming of cost reduction policy applied to telecommunication sector of economy, which is based on level of penetration as an indicator of cost relevance is observed. It is concluded, which parameters define the change in operating indicators depending on penetration level.

Keywords: management, costs, distinguishing, ability, factor, competitive, financial, crisis

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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