FINANCIAL MODELING THROUGH THE COSTS WITHIN THE COMPANY’S MANAGEMENT

MARIUS BOIŢĂ, BOBY COSTI, ANDREI ANGHELINA

Abstract


Knowledge of the production costs in all its theoretical and practical complexity, as resulted from the research of the foreign literature, is a basic tool within reach for the entity’s management and is used to increase business efficiency. The study of cost aims at solving the complex cost production issues in different aspects, both microeconomic and macroeconomic; at a microeconomic level are solved the costs problems of an economic unit, the object being represented by an order, a production phase, an activity center, a product for which is carried out theoretical and practical research of the phenomenon, the study of the causes that have generated it, growth and forecasting of the activity, and depending on the particularities of the production process is carried out the calculation of the production cost.

Keywords


financial modeling; cost; microeconomics; macroeconomics; enterprise

Full Text:

PDF

Refbacks

  • There are currently no refbacks.


Copyright (c)




LUCRĂRI ȘTIINȚIFICE MANAGEMENT AGRICOL

ISSN print 1453-1410
ISSN online 2069-2307
(former ISSN 1453-1410, E-ISSN 2069-2307)

PUBLISHER: AGROPRINT Timisoara, Romania
PAPER ACCESS: Full text articles available for free
FREQUENCY: Annual
PUBLICATION LANGUAGE: English

______________________________________________________________________________________________

Banat`s University of Agricultural Sciences and Veterinary Medicine “King Michael I of Romania” from Timisoara
Faculty of Management and Rural Tourism
300645, Timisoara, Calea Aradului 119, Romania

E-mail: tabitaadamov2003 [at] yahoo.com
Phone: +40-256-277439, Fax.: +40-256-277031