abstract

• Purpose: this study aims to examine the existing cost management system within company in the clothing industry. Methodology: through a qualitative and descriptive study, we applied the developing and effective managerial costing model by Lawson et al. (2019). Results: The results reveal the significance of cost management systems and excellent customer service in small businesses to achieve a greater negotiating capacity with customers. Implications: This article contributes with a solid foundation for the diagnosis of a cost management system. Originality: this work offers a comprehensive conceptual framework and practical tools that facilitate professionals to advance in the assessment of cost management systems, thereby influencing decision-making and business performance.

authors

• Hernández Madrigal Mónica

publication date

• 2024-01-01

published in

• Revista Academia and Negocios  Journal

keywords

• Cost management; Cost management system; Diagnosis; Strategy

Digital Object Identifier (DOI)

• 10.29393/RAN10-8ACMM20008

PubMed ID

start page

• 145

end page

• 162

volume

• 10

issue

• 1