WHAT COST MANAGEMENT METHODS ARE BENEFICIAL FOR THE TEXTILE INDUSTRY?

Authors

  • Hasanova Sadoqat Bahodir qizi PhD candidate of Tashkent State University of Economics Author

DOI:

https://doi.org/10.1808/sec77293

Keywords:

Cost management, Standard Costing, Kaizen costing, sales of products, ABC method, quality and functionality.

Abstract

The price of a commodity is determined by the cost of its production. The future profit of the company depends on the costs.

The higher the profit, the more funds are allocated for expansion, technical re-equipment of production, development and introduction of new types of products.

Therefore, the most important condition for the development and expansion of enterprises is the skillful management of production costs.

References

Gasin F.M. Strategic management of costs. – 2019. — № 9. – pp. 170-172.

Gomonko E.A., Tarasova T.S. Upravlenie raskhodami na predpriyatie: Uchebnik [Management of costs at the enterprise: Textbook]. Moscow, KNORUS Publ., 2020. (in Russian).

Lisleandra Machado, Leonardo Amorim de Araújo, Sarah Munck Vieira, Júlia Machado de Souza Freitas, Felipe Ramon de Araújo Ribeiro, Fernando Celso de Campos Textile industry clusters: evolutionary and comparative analysis in the world, Brazil and the State of Minas Gerais // The Journal of The Textile Institute Nov 2020.

Hasanova S.B.Теория управления в современном обществе. // Анализ состояния и перспективы развития экономики России (АСПРЭК-2022) // Материалы VI Всероссийской молодежной научно-практической конференции (с международным участием); Иваново, 30 апреля 2022 года. – Иваново: 2022.

https://2pct.ru/ypravlenie-zatratami-na-predpriiatii-razbor-raznyh-metodov

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Published

2024-04-09

How to Cite

Hasanova Sadoqat Bahodir qizi. (2024). WHAT COST MANAGEMENT METHODS ARE BENEFICIAL FOR THE TEXTILE INDUSTRY?. INTERNATIONAL JOURNAL OF SCIENCE AND TECHNOLOGY, 1(10), 91-99. https://doi.org/10.1808/sec77293