Cost management method for increasing the profitability of enterprises, with reference to the production SMEs in the Republic of North Macedonia

Angelova, Biljana and Koleva, Blagica and Mitreva, Mila (2021) Cost management method for increasing the profitability of enterprises, with reference to the production SMEs in the Republic of North Macedonia. Journal of the institute of Economics, 23 (2-3/21). pp. 6-18. ISSN 1857-7741

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Abstract

The globalized world in which the companies operate, constantly changes the conditions under which the companies perform their activities, offer their products/services and manage their cost activities. This pressure affects the profitability of the enterprises and finding the right way to balance their cost-profit basis becomes one of the main factors for success. Hence, working towards being profitable, but keeping the costs at the lowest level are some of the challenges that many businesses face. Therefore, the aim of this paper is to analyze the cost management-method that N. Macedonian companies and the obtained results will further enhance the knowledge of other business entities in managing their business operations.

Item Type: Article
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Economics
Depositing User: Mila Mitreva
Date Deposited: 24 Jan 2022 09:39
Last Modified: 24 Jan 2022 09:39
URI: https://eprints.ugd.edu.mk/id/eprint/29045

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