Life Cycle Costing

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F11%3A39892556" target="_blank" >RIV/00216275:25410/11:39892556 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Life Cycle Costing
Original language description
This article describes one of the new cost management tools; it deals with the concept of product life cycle costing. This concept belongs to a group of value-oriented strategic tools which usually provide operational controlling.The concept of life cycle costing (LCC) is a principle that says that almost all products have a limited market lifespan.A very difficult task is to determine the stage in which the product is located. At the same time, how long a particular stage lasts or persists is very individual for each product. LCC can be linked to the issue of the market life cycle (MLC). By focusing on both LCC and MLC, businesses obtain comprehensive information on the competition and potential product development, and can better select the optimal product performance strategy. Life cycle costing is one of the ways of strategically managing costs, i.e. how costs can be influenced in the long-term. Costing controls and influences the different stages of the product life cycle. While i
Czech name
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Czech description
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Publication year
2011
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
International Conference SMEs in a Globalized World: conference proceedings
ISBN
978-606-526-064-1
ISSN
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e-ISSN
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Number of pages
8
Pages from-to
131-138
Publisher name
Universitatea Babeş-Bolyai
Place of publication
Cluj-Napoca
Event location
Cluj-Napoca
Event date
Sep 22, 2011
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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