WhatIsCostManagement?WhatIsCostManagement?““ThepracticeofunderstandingwhatcausesThepracticeofunderstandingwhatcausescoststooccurandthenusingthatinformationtocoststooccurandthenusingthatinformationtoenhancerevenue,satisfycustomerdemand,enhancerevenue,satisfycustomerdemand,reducecosts,increaseproductivityandmeetprofitreducecosts,increaseproductivityandmeetprofittargets.”targets.”WhatIsCostMan...