Reducing Operating Costs to Get Economical Benefits from Management
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Abstract
At present, the inflating factors of crude, electricity and raw materials make the transporting cos run high, which directly interferes with the enterprise to attain economical benefits. The new management system, finance-oriented system, is introduced. The measure of taking the objective cost as basis and realizing the objective administration is put forward starting with improving the administration of internal finance based on the various economical responsibility adopted in accordance with the specific circumstances to probe into the way in reducing cost. The objective cost is divided into the responsible cost for each responsible entity through the responsible budget. The contents of the integrative network to be established for cost control are performing the responsibilities, definating the tasks, combining responsibility, power and interest, as well as classifying management, in orderto enhance the financial administration and gain economical benefits for the enterprise.
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