English
Sinhala
TamilThe Cell of Cost Scheme draws attention to the business’s cost aspect leading to pricing policies based on your profit model, whether a high or low margin operation. In this light, you need to consider the value proposition – more value for the same price or the same value for a lower price, respectively. The decision is subjected to the management of assets and processes on creating value for customers. We always need to find ways to lower the cost and take advantage of economies of scale when negotiating with suppliers.
Cost Scheme
How cost-effective are you with suppliers?
How efficient are the internal processes?
How good are you in managing people, assets and processes?
What do you think about efficiency and effectiveness concerning productivity?
Which cost computations have you adopted?
When was the cost computations last revised?
What aspects are considered in the cost computation? E.g., Cost Plus, Competitor Price, Marginal Cost, Inventory, Cash Flow, Throughput etc.
Economies of Scale and Learning Curve
Some New Costs Aspects to Consider
Value Proposition in Costing
Value Chain in Costing
By Clicking either Internal or External Dimensions, you will find out Cells and Dimensions that reflect Internal processes and External environmental competitive dynamics.
By Clicking the 5 Facets, you will select strategic decision areas, and in each, you will find out the respective Cells you need to consider in choosing strategies.
By Clicking a Cell, you will find out what each Cell means in the business management context. Moreover, it will probe you on questions that you should be asking yourself before making strategic decisions.
By Clicking either Internal or External Dimensions, you will find out Cells and Dimensions that reflect Internal processes and External environmental competitive dynamics.
By Clicking either Internal or External Dimensions, you will find out Cells and Dimensions that reflect Internal processes and External environmental competitive dynamics.
By Clicking the 5 Facets, you will select strategic decision areas, and in each, you will find out the respective Cells you need to consider in choosing strategies.
By Clicking the 5 Facets, you will select strategic decision areas, and in each, you will find out the respective Cells you need to consider in choosing strategies.
By Clicking the 5 Facets, you will select strategic decision areas, and in each, you will find out the respective Cells you need to consider in choosing strategies.
By Clicking the 5 Facets, you will select strategic decision areas, and in each, you will find out the respective Cells you need to consider in choosing strategies.
By Clicking the 5 Facets, you will select strategic decision areas, and in each, you will find out the respective Cells you need to consider in choosing strategies.