Establishing Plans
About This Chapter
Planning is the part of strategic cost analysis that is crucial to decisions on corporate strategy. Your ability to plan and control the costs of activities for which you have responsibility is essential to ensuring that organizational strategy is viable and capable of being pursued successfully. In this chapter, we explain the planning process and your probable involvement. In the next chapter, you will learn how to use the financial information generated from the techniques we discuss here to monitor and control your own responsibilities.
Strategic cost planning will involve the consideration of various scenarios and determining which plans will attain the desired objectives. To achieve both ...
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