Author:
Elvin Abdullayev Elvin Abdullayev
Abstract
In recent years sales of cellular connection has become the fastest growing industry and one of the major areas of domestic and global telecommunications markets. The rapid growth of information flows requires accelerated development of the cellular market and continuous improvement methodology, economic theory, and methods of analysis and management in this area. The most important tasks of modern management practices are to develop and implement decisions to achieve financial and economic stability and efficiency of the organization.In this regard, there are problems with the need to develop, apply, and perspective development of theoretical-methodological and administrative - actual methods to cost analysis and product costs in the economic activities of mobile companies, which determines the relevance of the research topic. All this leads to problems associated with the need to develop theoretical and methodological, organizational, and practical approaches of management analysis of cellular companies in the modern economy of our country and determines the relevance of the research topic. From a cost management standpoint, the research suggests that manufacturing organizations employ the ABC method since it allocates overhead expenses more correctly than alternative cost accounting systems. Adopting this approach will result in: a) a better knowledge of the business processes that drive costs, b) a better technique for identifying productivity improvements that improve service delivery, and c) a clear identification of the performance metrics that improve cost management. These are critical elements of continuous improvement and comprehensive quality management programs that are critical to achieving an organization's objectives, goals, and, ultimately, financial success.
Keywords: over head, costs, economic development
Publisher
Education Support and Investment Fund NGO
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