Publication Details
Issue: Vol 1, No 5 (2024)
Pages: 39-42
ISSN: 2997-934X
Abstract
This study examines the critical role of production cost analysis in fostering the growth and sustainability of small businesses and entrepreneurship. By analyzing current methodologies and proposing innovative approaches, this research aims to enhance the accuracy and effectiveness of cost analysis techniques. Findings suggest that integrating advanced technology, adopting activity-based costing, and implementing strategic cost management can significantly improve production cost analysis for small businesses.
Keywords
production cost analysis
small business
entrepreneurship
activity-based costing
strategic cost management
economic development