Some external factors that can affect the effectiveness of a cost management strategy include market fluctuations, changes in labor costs, changes in material costs, regulatory changes, economic conditions, and competitive actions.
This question was asked on the following presentation:
Maximize profitability with our Cost Management presentation. This deck includes frameworks and charts that take both internal and external factors in...
Go to dashboard to download stunning resources
Download
Text this question was asked on:
Cost overruns are dangerous as they demand funds allocated for other purposes and needs. To avoid them, managers must have a top-notch cost management strategy up their sleeve at all times. The good news is that our agement presentation deck allows you to introduce your strategy for effective management of cost with ease and, therefore, provide your businesses with the freedom to make the right choices, remedy the shortcoming between strategy and execution and fuel growth.
Ask another question
PowerPoint
Google Slides
Apple Keynote