Image 1 of 1
Image 1 of 1
Image 1 of 1
Image 1 of 1
Cost control is a business practice focused on managing, regulating, and reducing expenses to increase profitability. It involves setting budgets, tracking actual costs against those budgets, and taking corrective action when costs exceed expectations. This proactive approach ensures that resources are used efficiently and unnecessary costs are minimized.
Cost control is a business practice focused on managing, regulating, and reducing expenses to increase profitability. It involves setting budgets, tracking actual costs against those budgets, and taking corrective action when costs exceed expectations. This proactive approach ensures that resources are used efficiently and unnecessary costs are minimized.