Target Costing: The Next Frontier in Strategic Cost Management - Hardcover

Ansari, Shahid; Cam-I Target Cost Core Group, N/A

Hardcover

ISBN 10: 0786310537 ISBN 13: 9780786310531

Publisher: McGraw-Hill Education, 1996

Synopsis

Target costing is an innovative technique that enables companies to deliver a customer-defined product at the lowest possible cost. Without proper planning, however, target costing can be difficult to implement effectively. Target Costing presents a framework for managers to understand how target costing works and how to plan and implement an effective system. Key topics include: How target costing relates to business strategy and profit planning; A process model that links target costing with the product development cycle; the linkages between customer requirements and costing; tools, information systems and measurement systems required to support target costing.

About this title

About the Author

Dr. Shahid L. Ansari received his Ph.D. in Accounting and Organizational Behavior from Columbia University. Before joining CSUN, he taught graduate, undergraduate, doctoral and executive education courses at UCLA, NYU, and the Naval Postgraduate School. He has also been a Visiting Professor at INSEAD, Fontainebleau, France and the Ernst & Young Visiting Scholar at Macquarie University, Australia. Dr. Ansari has won several awards and honors for distinguished teaching during his career. He is an internationally recognized scholar in the area of the behavioral and cultural aspects of cost and management accounting, strategy and control. Dr. Ansari currently serves as the Associate Editor for the Accounting Auditing & Accountability Journal.

Synopsis

Describes the scope, framework, process, and tools for implementing an integrated target costing system, detailing aspects of the process such as focus on relationships with customers, suppliers, and dealers, and illustrating how the method has helped companies including Chrysler and Boeing. Includes b&w tables, charts, and diagrams. For managers i

Edition details

• Publisher: McGraw-Hill Education
• Publication date: 1996
• ISBN 10: 0786310537
• ISBN 13: 9780786310531
• Binding: Hardcover
• Language: English
• Number of pages: 264