Catalogue

Description

This course will be an overview of:

• What strategic cost management is and how it is utilized in business.
• Key criteria, definitions, and terms for strategic cost management.
• Real-world examples of strategic cost management in use.
• Current and potential implications of the COVID-19 pandemic on strategic cost management.

After completing this course, the learner should be able to:

• Define strategic cost management and related terms.
• Identify the purpose and importance of strategic cost management.
• Recognize the advantages and limitations associated with strategic cost management.
• Apply the methods relating to strategic cost management.
• Recognize the implications of the COVID-19 pandemic on strategic cost management.