In the present highly competitive environment why has cost

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1.Why is it not possible simply to take a cost management system ‘‘off the shelf''?

2. How does the choice of organizational form influence the design of a firm's cost management system?

3. What information could be generated by a cost management system that would help an organization manage its core competencies?

4. How could an organization's culture be used as a control mechanism?

5. How does a product's life cycle stage influence the nature of information required to successfully manage costs of that product?

6. In the present highly competitive environment, why has cost management risen to such a high level of concern, whereas price management has declined in importance?

7. (Appendix) What is CAM-I, and why was it organized?

Reference no: EM13576230

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