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Visible Costs And Hidden Costs In The Baking Industry

Author

Listed:
  • Criveanu Maria

    (University of Craiova, Faculty of Economics and Business Administration)

  • Taicu Marian

    (University of Piteşti, Faculty of Economic Sciences)

Abstract

Hidden costs are present in the activity of any company, hardly identified in the traditional administrative accounting. The high levels of the hidden costs and their unknown presence have serious consequences on the decisions made by the managers. This paper aims at presenting some aspects related to the hidden costs that occur in the activity of the companies in the baking industry and the possibilities to reduce their level.

Suggested Citation

  • Criveanu Maria & Taicu Marian, 2013. "Visible Costs And Hidden Costs In The Baking Industry," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 24-30, April.
  • Handle: RePEc:cbu:jrnlec:y:2013:v:2:p:24-30
    as

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    References listed on IDEAS

    as
    1. Luminita Serbanescu & Consuela Necsulescu, 2012. "Organizational Optimization of a Company Through the Implementation of Business Intelligence Solutions," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 5(5), pages 15-25, October.
    2. Henri Savall & Véronique Zardet, 2008. "Mastering Hidden Costs and Socio-Economic Performance," Post-Print halshs-02097083, HAL.
    3. Henri Savall & Véronique Zardet, 2008. "Mastering Hidden Costs and Socio-Economic Performance," Post-Print halshs-00779936, HAL.
    Full references (including those not matched with items on IDEAS)

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