Performance Incentive and Enterprise Cost Management

Authors

  • Haiying Pang Inner Mongolia Honder Colledge of Arts and Sciences

DOI:

https://doi.org/10.55014/pij.v5i3.202

Keywords:

Cost management; Incentive mechanism; Performance incentives

Abstract

Cost management is an important part of enterprise financial work. Active cost management can effectively reduce costs and lay the foundation for the long-term development of enterprises. When analyzing the cost management of enterprises, this paper understands the current situation of enterprise cost management and the problems existing in cost management by consulting literature and enterprise financial reports, and finally chooses to effectively combine the two from the perspective of performance incentive, combined with the current situation of enterprise cost management, hoping to strengthen the cost management of enterprises and effectively reduce the cost of enterprises, And provide accurate financial information for the decision-making of the enterprise management, and promote the long-term development strategy of the enterprise.

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Published

2022-10-01

How to Cite

Pang, H. (2022). Performance Incentive and Enterprise Cost Management. Pacific International Journal, 5(3), 78–85. https://doi.org/10.55014/pij.v5i3.202

Issue

Section

Regular