The producer is spending as little as possible per item produced. what word describes that kind of cost management?

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Business

Guest

19 May, 04:28

The producer is spending as little as possible per item produced. what word describes that kind of cost management?

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Answers (2)

Know the Answer?

Anabel Obrien · Answer 1

Efficient Scale is the answer you are looking for

Hulk · Answer 2

This kind of cost management is called budget planning. Budget planning is first identifying the sources of your income and considering all current and expected expenses, with a purpose to meet your financial goal. Its primary objective is to ensure that you will have savings after allocating the expenses.