Product Cost Management Market Gain Impetus Due to the Growing Demand over 2028
Nowadays, with the increase in technological advancements, many manufacturing companies are adopting product cost management solution to set their product pricing strategy. In the traditional model of cost behaviour depicted in textbooks, costs are characterized as either fixed or variable concerning activity; thus changes in price depend only on the change in business, not on the direction of the change. With product cost management, every manufacturing companies can set pricing for their products to accomplish profit after the sale. To...
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