Controlling Costs

egarding my past career, the financial budget was constructed with strategy and planning on how to achieve the end result. Budgeting revenue numbers is mostly a “targeted” attempt to guesstimate based on trends, external and internal happening (Datar, 2014).In thinking about the managerial area of responsibility: a cost center that focuses on only keeping costs in line like the maintenance area, the customer focused area deals with revenue but usually deals with costs too which makes it a profit center or the investment area that deals with investments, revenues and costs (Datar, 2014). Yes, a manager of any of these areas of responsibility is concerned with their focus which in turn would motivate their direct reports to also focus on those costs, sales and profits (Datar, 2014). Whatever is generally measured gets the attention. Thus, if a manager’s evaluation is majorly tied to their financial numbers it can negatively impact their behaviors. In my humble opinion and referenced in the textbook, the total focus on financial numbers never tells the entire story (Datar, 2014).In every evaluation that I was given plus gave in my past career the financial numbers were a part of the story, but controllability behaviors and strategy by the manager was part of the process as well. Now I know that this is described as responsibility accounting (Datar, 2014). To gather that knowledge about past performance upper management has to reply on numbers within the control of the manager but how they work with their direct reports on sales, training, repair, coaching or whatever was in their area of responsibility. Part of the issue with too much focus on direct reports was again whatever they were measured on would be their focus. Tying all the departments together works to support the entire process of building revenue, controlling costs and creating profits. This is the positive part of creating responsibility***half page two references

Struggling to find relevant content? Order a custom essay on
Controlling Costs
Let our experts save you the hassle
Order Now
Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
Sign up, place your order, and leave the rest to our professional paper writers in less than 2 minutes.
step 1
Upload assignment instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
s
Get personalized services with GPA Fix
One writer for all your papers
You can select one writer for all your papers. This option enhances the consistency in the quality of your assignments. Select your preferred writer from the list of writers who have handledf your previous assignments
Same paper from different writers
Are you ordering the same assignment for a friend? You can get the same paper from different writers. The goal is to produce 100% unique and original papers
Copy of sources used
Our homework writers will provide you with copies of sources used on your request. Just add the option when plaing your order
What our partners say about us
We appreciate every review and are always looking for ways to grow. See what other students think about our do my paper service.
Nurse
Great work! Thank you for the quality you put in each assignment.
Customer 452707, February 4th, 2022
Other
GOOD
Customer 452813, July 10th, 2022
Accounting
Thanks for your support
Customer 452701, February 3rd, 2022
Social Work and Human Services
Excellent Work!
Customer 452587, August 24th, 2021
Social Work and Human Services
Great Work!
Customer 452587, August 31st, 2021
Business and administrative studies
Thanks
Customer 452701, August 16th, 2022
Social Work and Human Services
Excellent Work
Customer 452587, November 22nd, 2021
Criminal Justice
Looks good! Thank you Jason
Customer 452711, January 25th, 2022
Social Work and Human Services
Thank You! Great Work!
Customer 452587, September 14th, 2021
Medicine
Great job! Thank you.
Customer 452707, May 29th, 2022
Human Resources Management (HRM)
Thank you
Customer 452701, November 1st, 2022
Other
GREAT
Customer 452813, June 25th, 2022
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat
error: Content is protected !!

Save More. Score Better. Use coupon code SPECIAL for a 15%discount