This student guide is intended to assist persons employed as supervisors in learning to reduce costs. Discussed in the first four sections are the following topics: costs (functional, fixed, and variable costs and ways of controlling costs); cost consciousness (getting people involved, passing on information, and getting and giving feedback); and…

This student guide is intended to assist persons employed as supervisors in improving their economics and financial management skills. Discussed in the first three sections are the following topics: costs and cost centers (cost information and decisions; costs; cost statements, units, centers, and codes); cost centers and the supervisor…