IT COSTS ME MORE: DECISION MAKING, COST ACCOUNTING and VALUE CREATION
By Yoram Eden and Boaz Ronen
The book presents support tools for costing and decision-making in the modern business environment. It presents innovative methodologies, some of which have been developed by the authors and implemented in dozens of organizations, which can be used to achieve better decision making. These tools, such as the Three-Stage Decision-Making methodology and the Value (VFM) model for increasing shareholders' value, help managers in all types of organizations to cope with problems for which the methodologies of traditional cost accounting or the ABC approach have no suitable answer. The book focuses on providing decision support tools and coping, inter alia, with the following problems: price setting, selecting the product or service mix, make or buy decision making, determining transfer prices, determining a price for a tender, investments justification, estimating the feasibility of reducing project time to market. The book is intended for managers in all areas of industry, service organizations, financial institutions and non-profit organizations. Students of Business Administration will also find it very useful.
to read a short summary of the book (available in English) or read
the first two chapters of the book (available in Hebrew)