Cost management plays a vital role in the success of businesses by ensuring efficient allocation of resources and maximizing profitability. “Cost Management: A Strategic Emphasis” by Edward Blocher, Paul Juras, and Steven Smith is a comprehensive guide that delves into the strategic aspects of managing costs in organizations. The 8th edition of this book provides valuable insights into managerial accounting, operational efficiency, and strategic cost management.
ISBN-10 : 1259917029
ISBN-13 : 978-1259917028
The authors of this edition bring a wealth of knowledge and experience to the table. Paul Juras, Edward Blocher, and Steven Smith are renowned experts in the field of management accounting and have made significant contributions through their research, teaching, and consulting work.
Paul E. Juras, a prominent figure in managerial accounting, is known for his expertise in strategic management accounting. Edward J. Blocher, an emeritus professor of accounting, has been actively involved in the strategic cost management domain. Steven D. Smith, an associate professor of accountancy, specializes in management control systems and performance measurement.
This edition of the book reflects the latest developments in the field of cost management, making it a valuable resource for students, educators, and professionals seeking to enhance their understanding of strategic cost management practices.
For anyone looking to deepen their knowledge of cost management and its strategic implications, “Cost Management: A Strategic Emphasis” is an indispensable guide that offers practical insights and real-world examples.
FAQs
1. What is the focus of “Cost Management: A Strategic Emphasis” by Edward Blocher?
“Cost Management: A Strategic Emphasis” focuses on the strategic aspects of managing costs in organizations, providing insights into managerial accounting and operational efficiency.
2. Who are the authors of the 8th edition of the book?
The authors of the 8th edition of “Cost Management: A Strategic Emphasis” are Edward Blocher, Paul Juras, and Steven Smith, who are experts in the field of management accounting.
3. What sets this edition apart from previous editions?
This edition incorporates the latest developments in cost management practices and offers updated content to reflect the evolving nature of the field.
Conclusion
“Cost Management: A Strategic Emphasis” by Edward Blocher is a comprehensive resource that sheds light on the strategic importance of cost management in businesses. With a focus on operational efficiency, performance measurement, and strategic decision-making, this book equips readers with the knowledge and tools needed to excel in today’s competitive business environment. Whether you are a student, educator, or professional, this book serves as a valuable guide to understanding and implementing effective cost management practices.
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