June 1997 (Revised January 1999)
Background Note
HBS Case Collection

Understanding Costs for Management Decisions

Format:Print
| Language:English
| Pages:4

Abstract

Defines types of costs--current, sunk, opportunity, relevant, differential--and their use in management and management decision making. Contrasts single-period and multiple-period cost analysis.

Keywords

Cost vs Benefits; Decision Making

Citation

Bruns, William J., Jr. "Understanding Costs for Management Decisions." Harvard Business School Background Note 197-117, June 1997. (Revised January 1999.)

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About The Author

William J. Bruns

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