Cost Management Strategies ACCT 527

• Evaluate the development and evolution of cost management and its important role in formulating and implementing strategies for contemporary businesses.
• Introduce strategy, its key elements, and importance to long term business success.
• Review strategy frameworks and their use in strategy development and implementation.
• Evaluate the cost management strategies in designing and implementing management control and performance measurement systems to support the formulation and implementation of business strategy, marketing decisions and value creation.
• Apply critical thinking, problem solving, and presentation skills to individuals and/or group activities dealing with cost management strategies and demonstrate in an individual assessment task the acquisition of comprehensive understanding of the topics covered by ACCT 527.