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Differences between economic and accounting concepts of cost

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What are the differences between economic and accounting concepts of cost? How would you manage the costs associated with a value-creation activity? How do costs of operations relate to the strategy of the organization?

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This assignment talks about economic cost and accounting cost. It also consider different cost and other related activities. In order for managing the operations the organization has to use productive tools and strategies. Value creation activities helps for improving the income of the company. It is the duty of the managers to the reduce the cost of the different activities. This assignment is created in MS word and it is about 300 words?

Reference no: EM131236974

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