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USE OF COST INFORMATION IN DECISION-MAKING IN THE MINING ENTERPRISES
Abstract
Costs are present in many daily decisions they take managers from lower hierarchical levels, but especially importa nt for strategic decision taken at top management level. The very adoption of certain strategies fo r the enterprise is based on analytical considerations which require methods of ec onomic and financial evaluation of projects, methods that can not be imagined outside costs. Allocation of resources to the enterprise are based on estimated costs, just as they and replacement of assets. Computation of costs and control-oriented decision becam e one of the basic mechanism driving profitable undertaking. As an informatio nal tool, computers “cause” and provides information on costs and profits, and as a tool of management, is a technical decision that increases profitability. Particulars of the technological mining industry induces the specific cost computation, with profound imp lications in the decision-making. In the paper is analyzed from the perspective of the generation, use and recovery information on the nature of the cost in decision-making in the largest mining company in Romania, National Company of Hard Coal.
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References4
Hodor P. & Csiminga D. General Management, Editura Focus, Petrosani, Romania, 2004, pp 34-50;
Ristea M.& Possler L.& Ebbeken K. Co mputation and Cost Management, Editura Teora, Bucuresti, Romania, 2000, pp 12-30;
The National Hard Coal Company SA. Rules of Organization and Functioning of National Hard Coal Company S.A., Petrosani, Romania, 2008;
The National Hard Coal Company SA. Rules of Organization and Functioning of Mining Exploatation in Structure Nationa l Hard Coal Compa ny SA., Petrosani, Romania, 2008.
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