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What are the Most Crucial Finance-related Issues?

In: The China Management Handbook

Author

Listed:
  • Engelbert Boos

Abstract

The success of an investment depends very much on a competitive cost structure of the products and an efficient business operation. Lower costs are a prerequisite of attractive sales prices and hence better competitiveness. A high level of competitiveness is the basis for higher sales figures and lower costs in general. As a consequence, the business will achieve better profit margins with positive impact on the investment. It is one of the major tasks of management to improve the business efficiency by an intelligent overview and management of the cost structure.

Suggested Citation

  • Engelbert Boos, 2003. "What are the Most Crucial Finance-related Issues?," Palgrave Macmillan Books, in: The China Management Handbook, chapter 9, pages 327-363, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-59972-7_9
    DOI: 10.1057/9780230599727_9
    as

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