Module+23000+I+Introduction+and+Learning+Objectives

I. Module 23000 Introduction and Learning Objectives dsv

The purpose of this module is to provide an overview of strategic cost management and the role it plays in decision making for organizations. Strategic cost management uses a broad set of cost information to make decisions intended to ensure long term growth of an organization and maintain a competitive advantage over the competition while controlling cost. Two requirements should be met with this broader set of information: 1) It should reveal the internal workings of the organization and (2) It should look forward, providing insight into future periods and activities.


 * Learning Objectives for this module:**
 * 1. Define Strategic Cost Management**
 * 2. Discuss Value-Chain analysis**
 * 3. Identify the basic features of JIT purchasing and manufacturing**