About Class 11 Statistics of Economics

Cost Leadership implies producing goods or provision of services at lowest cost while maintaining quality to have better competitive price. In a business environment where each entity is thriving to achieve apex position not only in domestic but global competitive market, it is essential for the entity to fit into any of the three competitive strategic dimensions. Cost Leadership, also in line with the subject Cost and Management Accounting, can be achieved if an entity has a robust Cost and Management Accounting system in place. In this chapter, we will learn various aspects of Cost and Management Accounting and its application in manufacturing and service environment.

Introduction to Class 11 Statistics of Economics

Have you felt that Cost Management Accounts is hard to understand sometimes? CA SONU GUPTA is here to explain everything in simple words so that you can have a better understanding of this topic.
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Why Take The Class 11 Statistics of Economics Bundle?

Nowadays, Chartered accountants are looked upon like a global business solution provider and so arise the need of their expertise in strategic decision making and entrepreneurship. Cost and Management accounting is a subject where a student the basic process of cost control and cost reduction for the survival of a business and also learns the practical intricacies and calculations in decision making process. All such tools and techniques are learned here.

Cost and Management Accounting helps the students to develop their common business sense and also develop their logical thinking attributes relating to a business.

The Subject of Cost Management Accounting is supposed to be studied with a proper systematic structure. The students will be provided with E-books, the notes of the class in the form of E-notes, good quality videos, Live weekly doubts sessions and also the test in the end of every topic with an added bonus of heavy discount.

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