Service Business Costing

Author : Markus B. Baum
Publisher : Springer Science & Business Media
ISBN 13 : 3834944440
Total Pages : 136 pages
Book Rating : 4.43/5 ( download)

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Download or read book Service Business Costing written by Markus B. Baum and published by Springer Science & Business Media. This book was released on 2012-08-17 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: ​ Service firms have high overhead costs which are difficult to assign to individual services. To bring transparency to their value chain, they need costing approaches that help them find their own improvements. Markus B. Baum explores current theory and practice of value chain approaches and cost accounting to develop a costing approach with a suitable instrument for the allocation of fixed and overhead costs for a service firm. He describes the service business costing (SBC) approach. This hybrid-costing model has a hierarchical structure in terms of consolidation and allocates cost and revenues on the lowest hierarchical level possible to ensure that all costs and income are assigned to activities from which they originated.

Author : Markus B. Baum
Publisher : Springer Gabler
ISBN 13 : 9783834944450
Total Pages : 124 pages
Book Rating : 4.59/5 ( download)

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Download or read book Service Business Costing written by Markus B. Baum and published by Springer Gabler. This book was released on 2012-08-18 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: ​ Service firms have high overhead costs which are difficult to assign to individual services. To bring transparency to their value chain, they need costing approaches that help them find their own improvements. Markus B. Baum explores current theory and practice of value chain approaches and cost accounting to develop a costing approach with a suitable instrument for the allocation of fixed and overhead costs for a service firm. He describes the service business costing (SBC) approach. This hybrid-costing model has a hierarchical structure in terms of consolidation and allocates cost and revenues on the lowest hierarchical level possible to ensure that all costs and income are assigned to activities from which they originated.

Author : Veda Malagatti
Publisher : Cambridge Scholars Publishing
ISBN 13 : 1527557952
Total Pages : 170 pages
Book Rating : 4.56/5 ( download)

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Download or read book Costing for the Service Industry written by Veda Malagatti and published by Cambridge Scholars Publishing. This book was released on 2020-08-11 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: A significant and innovative feature of this textbook is its detailed insights into the use of costing methodology for practical implications. It will serve to foster the reader’s analytical and critical thinking skills, and it highlights both traditional and the most current practices of costing methodology using real examples drawn from the service industry. Its methodological focus will allow the reader to understand the introduction of relevant costs, their functions and their behavior towards uses and limitations of cost allocations.

Author : Ian Ruskin-Brown
Publisher : Thorogood Publishing
ISBN 13 : 1854183168
Total Pages : 282 pages
Book Rating : 4.63/5 ( download)

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Download or read book Marketing Your Service Business written by Ian Ruskin-Brown and published by Thorogood Publishing. This book was released on 2005 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explaining the key differences between marketing products and services, this title uses real-life examples in order to illustrate the challenges presented by the service sector, as well as looking at organisations which use services in order to gain a competitive advantage.

Author : Vinay Couto
Publisher : John Wiley & Sons
ISBN 13 : 1119268532
Total Pages : 296 pages
Book Rating : 4.36/5 ( download)

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Download or read book Fit for Growth written by Vinay Couto and published by John Wiley & Sons. This book was released on 2017-01-10 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: A practical approach to business transformation Fit for Growth* is a unique approach to business transformation that explicitly connects growth strategy with cost management and organization restructuring. Drawing on 70-plus years of strategy consulting experience and in-depth research, the experts at PwC’s Strategy& lay out a winning framework that helps CEOs and senior executives transform their organizations for sustainable, profitable growth. This approach gives structure to strategy while promoting lasting change. Examples from Strategy&’s hundreds of clients illustrate successful transformation on the ground, and illuminate how senior and middle managers are able to take ownership and even thrive during difficult periods of transition. Throughout the Fit for Growth process, the focus is on maintaining consistent high-value performance while enabling fundamental change. Strategy& has helped major clients around the globe achieve significant and sustained results with its research-backed approach to restructuring and cost reduction. This book provides practical guidance for leveraging that expertise to make the choices that allow companies to: Achieve growth while reducing costs Manage transformation and transition productively Create lasting competitive advantage Deliver reliable, high-value performance Sustainable success is founded on efficiency and high performance. Companies are always looking to do more with less, but their efforts often work against them in the long run. Total business transformation requires total buy-in, and it entails a series of decisions that must not be made lightly. The Fit for Growth approach provides a clear strategy and practical framework for growth-oriented change, with expert guidance on getting it right. *Fit for Growth is a registered service mark of PwC Strategy& Inc. in the United States

Author : DICKSON AKAM NTUH
Publisher : Dickson Akam Ntuh
ISBN 13 :
Total Pages : 49 pages
Book Rating : 4./5 ( download)

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Download or read book A PRACTICAL GUIDE TO PRODUCT/SERVICE COSTING & PRICING IN THE BUSINESS WORLD written by DICKSON AKAM NTUH and published by Dickson Akam Ntuh. This book was released on 2024-04-28 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the dynamic world of business, where profitability is the ultimate pursuit, the realms of costing and pricing reign supreme. Like a master symphony conductor, every entrepreneur and manager must skillfully orchestrate the delicate balance between cost and prices to create a harmonious melody of success. Welcome to a journey that explores the intricacies, methodologies, and strategies behind costing and pricing a voyage that will empower you to navigate the jumble of financial decisions with finesse. Within the pages of this book, we delve deep into the captivating world of costing, where we uncover a treasure trove of methods that unravel the enigma of expenses. From traditional methods like absorption costing and job costing to innovative approaches like activity-based costing and target costing, we dissect each technique, unveiling their unique merits and demystifying their complexities. As we unravel the intricate web of cost, you will gain the tools to dissect your organization's expenses, assess their impact, and make informed decisions that elevate your business to new heights. However, cost control alone is not enough to navigate the turbulent seas of modern commerce. It is within the symphony of pricing strategies that the true potential for profitability lies. With meticulous attention, we explore the multifaceted landscape of pricing, where art and science converge to shape the market dynamics. From cost-plus pricing and value-based pricing to skimming and penetration pricing, each strategy is dissected, evaluated, and synthesized to equip you with a formidable arsenal of pricing techniques. By understanding the psychology of pricing, market segmentation, and the impact of competitive forces, you will be empowered to set optimal prices that captivate customers, maximize revenues, and ensure long-term sustainability. Yet, the journey does not stop there. Recognizing the inseparable bond between cost and prices, we explore the nexus between the two a realm where profitability and competitiveness intersect. We embark on a quest for cost reduction, uncovering innovative approaches and strategies that can bolster your bottom line without compromising quality. We unearth the power of lean management, process optimization, strategic sourcing, and supply chain efficiencies, allowing you to shape a leaner and more resilient business ecosystem. Moreover, we delve into the realm of iv price optimization, where strategic discounting, pricing psychology, and revenue management techniques converge to unlock new avenues of growth and profit. Throughout this voyage, we embrace the nuances of various industries, from manufacturing to services, retail to technology, and beyond. Drawing from real-world case studies, industry best practices, and expert insights, we distill the essence of costing and pricing to offer practical guidance that transcends organizational boundaries. Regardless of your sector, whether you are a budding entrepreneur, seasoned manager, or aspiring financial expert, this book aims to equip you with the knowledge and skills to make informed decisions, outmaneuver your competitors, and unleash the true potential of your enterprise. As we embark on this transformative journey through the enchanting landscape of costing and pricing, prepare to unlock a new realm of financial daring. Together, let us cross the intricacies of costing methods, cost reduction strategies, and the art of pricing to plan a symphony of profitability that resonates far beyond the realms of commerce. Welcome to the realm where cost and prices converge a world of strategic decision-making, untapped opportunities, and boundless potential.

Author : United States. Small Business Administration
Publisher :
ISBN 13 :
Total Pages : 92 pages
Book Rating : 4.12/5 ( download)

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Download or read book Pricing in a Services Business written by United States. Small Business Administration and published by . This book was released on 1968 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : James Salvate
Publisher :
ISBN 13 :
Total Pages : 6 pages
Book Rating : 4.67/5 ( download)

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Download or read book Profit costing and pricing for services written by James Salvate and published by . This book was released on 1987 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Meir Liraz
Publisher : Independently Published
ISBN 13 : 9781090502872
Total Pages : 32 pages
Book Rating : 4.77/5 ( download)

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Download or read book How to Set Prices in a Service Business - A Step by Step Guide to Pricing Your Services written by Meir Liraz and published by Independently Published. This book was released on 2019-03-14 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This guide will walk you step by step through all the essential phases of setting optimal prices in a service providing business. You will learn exactly how to set prices in a way that will allow you to make money and still be competitive Here's what's in the book: * Common problems in setting prices and how to overcome them * How to determine your costs * Cost calculation examples * How to set optimal prices * How to raise prices without losing customers * How to calculate hourly and project-based pricing * All these and much more My name is Meir Liraz and I'm the author of this book. According to Dun & Bradstreet, 90% of all business failures analyzed can be traced to poor management. This is backed up by my own experience. In my 31 years as a business coach and consultant to businesses, I've seen practically dozens of business owners fail and go under -- not because they weren't talented or smart enough -- but because they were trying to re-invent the wheel rather than rely on proven, tested methods that work. And that is where this book can help, it will teach you how to avoid the common traps and mistakes and do everything right the first time.

Author : Mario A. Pfannstiel
Publisher : Springer
ISBN 13 : 3319464124
Total Pages : 296 pages
Book Rating : 4.21/5 ( download)

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Download or read book Service Business Model Innovation in Healthcare and Hospital Management written by Mario A. Pfannstiel and published by Springer. This book was released on 2016-12-16 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book demonstrates how to successfully manage and lead healthcare institutions by employing the logic of business model innovation to gain competitive advantages. Since clerk-like routines in professional organizations tend to overlook patient and service-centered healthcare solutions, it challenges the view that competition and collaboration in the healthcare sector should not only incorporate single-end services, therapies or diagnosis related groups. Moreover, the authors focus on holistic business models, which place greater emphasis on customer needs and put customers and patients first. The holistic business models approach addresses topics such as business operations, competitiveness, strategic business objectives, opportunities and threats, critical success factors and key performance indicators.The contributions cover various aspects of service business innovation such as reconfiguring the hospital business model in healthcare delivery, essential characteristics of service business model innovation in healthcare, guided business modeling and analysis for business professionals, patient-driven service delivery models in healthcare, and continuous and co-creative business model creation. All of the contributions introduce business models and strategies, process innovations, and toolkits that can be applied at the managerial level, ensuring the book will be of interest to healthcare professionals, hospital managers and consultants, as well as scholars, whose focus is on improving value-generating and competitive business architectures in the healthcare sector.