{"product_id":"strategic-cost-management-the-new-tool-for-competitive-advantage-paperback-by-shank-govindarajan","title":"Strategic Cost Management: The New Tool for Competitive Advantage (Paperback) –  by Shank Govindarajan","description":"\u003cdiv aria-expanded=\"true\" class=\"a-expander-content a-expander-partial-collapse-content a-expander-content-expanded\"\u003e\n\u003cdiv id=\"detailBullets_feature_div\"\u003e\n\u003cul class=\"a-unordered-list a-nostyle a-vertical a-spacing-none detail-bullet-list\"\u003e\n\u003cli\u003e\u003cspan class=\"a-list-item\"\u003e\u003cspan class=\"a-text-bold\"\u003ePublisher ‏ : ‎\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan\u003eSimon \u0026amp; Schuster; Latest edition\u003c\/span\u003e\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan class=\"a-list-item\"\u003e\u003cspan class=\"a-text-bold\"\u003eLanguage ‏ : ‎\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan\u003eEnglish\u003c\/span\u003e\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan class=\"a-list-item\"\u003e\u003cspan class=\"a-text-bold\"\u003ePaperback ‏ : ‎\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan\u003e272 pages\u003c\/span\u003e\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan class=\"a-list-item\"\u003e\u003cspan class=\"a-text-bold\"\u003eISBN-10 ‏ : ‎\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan\u003e9781439150368\u003c\/span\u003e\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan class=\"a-list-item\"\u003e\u003cspan class=\"a-text-bold\"\u003eISBN-13 ‏ : ‎\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan\u003e978-1439150368\u003c\/span\u003e\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan class=\"a-list-item\"\u003e\u003cspan class=\"a-text-bold\"\u003eItem Weight ‏ : ‎\u003cspan\u003e 100 gm\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan class=\"a-list-item\"\u003e\u003cspan class=\"a-text-bold\"\u003eDimensions ‏ : ‎\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan\u003e22.9 x 15.2 x 1.88 cm\u003c\/span\u003e\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv aria-expanded=\"true\" class=\"a-expander-content a-expander-partial-collapse-content a-expander-content-expanded\"\u003e\n\u003cspan class=\"a-text-bold\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv aria-expanded=\"true\" class=\"a-expander-content a-expander-partial-collapse-content a-expander-content-expanded\"\u003e\n\u003cspan class=\"a-text-bold\"\u003eAs often reported in\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"a-text-bold a-text-italic\"\u003eBusiness Week\u003c\/span\u003e\u003cspan class=\"a-text-bold\"\u003e\u003cspan\u003e \u003c\/span\u003eand\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"a-text-bold a-text-italic\"\u003eFortune,\u003c\/span\u003e\u003cspan class=\"a-text-bold\"\u003e\u003cspan\u003e \u003c\/span\u003emost large companies today concede that their cost systems are desperately obsolete.\u003c\/span\u003e\u003cspan\u003e In this eagerly awaited book, John Shank and Vijay Govindarajan, nationally known experts on the strategic use of cost information, address head-on the fundamental concepts of management accounting that are in desperate need of change. The authors demonstrate how \u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003estrategic cost management,\u003c\/span\u003e\u003cspan\u003e the first analytic framework to relate meaningful accounting information to a firm's business strategy, is revolutionizing accounting—and overall business practices in leading firms. With numerous extended examples including Ciba-Geigy, Ford, Texas Instruments, and many more, the authors show how the three key tools of strategic cost management—value chain analysis, strategic positioning analysis, and cost driver analysis—provide a sustainable competitive advantage over firms whose cost systems are in disarray.\u003cbr\u003e\u003cbr\u003eWith persuasive evidence, Shank and Govindarajan demonstrate the strategic power of \u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003evalue chain analysis,\u003c\/span\u003e\u003cspan\u003e i.e., linking external value creating activities all the way from basic raw materials, to component suppliers, and through to the ultimate end-use product delivered to the consumers. Next, they examine how cost management and cost control must be differentiated depending on the \u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003estrategic positioning\u003c\/span\u003e\u003cspan\u003e chosen by the firm, be it cost leadership or product differentiation. Finally, the authors offer penetrating in-sights on \u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003ecost driver analysis\u003c\/span\u003e\u003cspan\u003e using such examples as Champion International and Motorola to describe the uses and limitations of activity-based costing, quality costing, and technology costing.\u003cbr\u003e\u003cbr\u003eTraditional cost analysis, the authors show, is limited to assessing the \u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003efinancial\u003c\/span\u003e\u003cspan\u003e impact of managerial decision alternatives, with no consideration for strategic business objectives. In this indispensable guide, Shank and Govindarajan show how \u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003eStrategic Cost Management\u003c\/span\u003e\u003cspan\u003e (SCM) relates to a broader context, where strategic elements become far more conscious, explicit, and formal, and cost data is used to develop superior strategies en route to gaining sustainable competitive advantage.\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"a-expander-header a-expander-partial-collapse-header\"\u003e\u003ca data-csa-c-func-deps=\"aui-da-a-expander-toggle\" data-csa-c-type=\"widget\" data-csa-interaction-events=\"click\" aria-expanded=\"true\" role=\"button\" data-action=\"a-expander-toggle\" class=\"a-declarative\" data-a-expander-toggle='{\"allowLinkDefault\":true, \"expand_prompt\":\"Read more\", \"collapse_prompt\":\"Read less\"}' data-csa-c-id=\"juqr9u-od4i7i-m7ijk0-yhq4mw\"\u003e\u003ci class=\"a-icon a-icon-extender-collapse\"\u003e\u003c\/i\u003e\u003cspan class=\"a-expander-prompt\"\u003eRead less\u003c\/span\u003e\u003c\/a\u003e\u003c\/div\u003e\n\u003c!----\u003e","brand":"BookisHamper","offers":[{"title":"New \/ BookisHamper","offer_id":41008349675607,"sku":"G001651G","price":705.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0579\/0043\/3495\/files\/StrategicCostManagement.jpg?v=1717396818","url":"https:\/\/99booksstore.in\/products\/strategic-cost-management-the-new-tool-for-competitive-advantage-paperback-by-shank-govindarajan","provider":"99BooksStore","version":"1.0","type":"link"}