Questions:
1. How can a company evaluate whether it is effectively managing its costs?
2. What is a control system? What purpose does a control system serve in an organization?
3. Why does a cost management system necessarily have both a short-term and long-term focus?
4. Why is it not possible simply to take a cost management system "off the shelf "?
5. How does the choice of organizational form influence the design of a firm's cost management system?