Explain three of the basic principles of cost management, Operation Management

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Explain three of the basic principles of cost management

Explain three of the basic principles of cost management. Examples are profits, life cycle costs, tangible and intangible costs and benefits, direct and indirect costs, and reserves. Why do you think information technology professionals overlook these concepts? What might be done to make these concepts more interesting to information technology professionals?

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Operation Management: Explain three of the basic principles of cost management

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Operation Management: Explain three of the basic principles of cost management

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